---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-015816"
form_type: "8-K"
ticker: "FSP"
cik: "0001031316"
company_name: "FRANKLIN STREET PROPERTIES CORP /MA/"
filed_at: "2022-11-01T23:59:59+00:00"
generated_at: "2026-06-22T16:49:00.038084+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# FSP reports Q3 GAAP net income $17.2M; lowers property disposition guidance to $102.5M-$200M

## Summary
- GAAP net income $17.2M ($0.17 EPS) for Q3; net income $4.0M ($0.04 EPS) for 9 months.
- FFO $9.0M ($0.09/share); AFFO loss of $0.09/share for Q3.
- Property disposition guidance for FY2022 cut to $102.5M-$200M from $200M-$300M.
- Portfolio leased 75.9% vs 78.4% at Dec 31, 2021; sold Interlocken properties for $102.5M.
- Quarterly dividend declared $0.01/share payable Nov 10, 2022.

## SEC filing metadata
- accession: 0001558370-22-015816
- form_type: 8-K
- ticker: FSP
- cik: 0001031316
- company_name: FRANKLIN STREET PROPERTIES CORP /MA/
- filed_at: 2022-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1031316/000155837022015816/0001558370-22-015816-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1031316/000155837022015816/fsp-20221101x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-015816
- JSON: https://secwatch.observer/filing/0001558370-22-015816.json
- Plain text: https://secwatch.observer/filing/0001558370-22-015816.txt

## Key facts
- Earnings Releases
  FRANKLIN STREET PROPERTIES CORP /MA/ reported third quarter ended September 30, 2022 results: net income GAAP net income was $17.2 million and $4.0 million, or $0.17 and $0.04 per basic and diluted share, for the three and ni, EPS $0.17 and $0.04 per basic and diluted share, for the three and nine months ended September 30, 2022, respectively.. Guidance lowered.
  - Period: third quarter ended September 30, 2022
  - Net income: GAAP net income was $17.2 million and $4.0 million, or $0.17 and $0.04 per basic and diluted share, for the three and ni
  - EPS: $0.17 and $0.04 per basic and diluted share, for the three and nine months ended September 30, 2022, respectively.
  - Guidance: lowered
  - Result: reported results
  source text: Franklin Street Properties Corp. Announces Third Quarter 2022 Results
  evidence_url: https://www.sec.gov/Archives/edgar/data/1031316/000155837022015816/0001558370-22-015816-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.