---
schema_version: "secwatch.filing_event.v1"
accession: "0001873923-22-000074"
form_type: "8-K"
ticker: "ONL"
cik: "0001873923"
company_name: "Orion Properties Inc."
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T15:33:53.542590+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Orion Office REIT reports Q3 net loss of $53M, raises Core FFO guidance, authorizes $50M buyback

## Summary
- Total revenues $51.8M; net loss attributable to common stockholders $53.0M ($0.94 per share).
- Core FFO $24.0M ($0.42 per share); 2022 Core FFO guidance raised to $1.76-$1.78 per share.
- Sold six properties for $24.8M; agreements to sell four more for $15.9M.
- Board approved $50M share repurchase program through Dec 2025; quarterly dividend $0.10/share.
- Portfolio occupancy 88.2% with 69.9% annualized base rent from investment grade tenants.

## SEC filing metadata
- accession: 0001873923-22-000074
- form_type: 8-K
- ticker: ONL
- cik: 0001873923
- company_name: Orion Properties Inc.
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1873923/000187392322000074/0001873923-22-000074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1873923/000187392322000074/onl-20221102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001873923-22-000074
- JSON: https://secwatch.observer/filing/0001873923-22-000074.json
- Plain text: https://secwatch.observer/filing/0001873923-22-000074.txt

## Key facts
- Earnings Releases
  Orion Properties Inc. reported third quarter ended September 30, 2022 results: revenue $51.8 million, net income $(53.0) million, EPS $(0.94) per share. Guidance raised.
  - Period: third quarter ended September 30, 2022
  - Revenue: $51.8 million
  - Net income: $(53.0) million
  - EPS: $(0.94) per share
  - Guidance: raised
  - Result: reported results
  source text: Orion Office REIT Inc.® Announces Third Quarter 2022 Results - Total Revenues of $51.8 million - - Net Loss Attributable to Common Stockholders of $(53.0) million, or $(0.94) Per Share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1873923/000187392322000074/0001873923-22-000074-index.htm

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