Hudson Pacific Q3 2024 Earnings Report

Total revenue was $200.4 million, compared to $231.4 million in the same quarter of the previous year, due to the sale of One Westside and expiration of the Block lease at 1455 Market.

Net loss attributable to common stockholders was $97.9 million, or $0.69 per diluted share, compared to a net loss of $37.6 million, or $0.27 per diluted share, in the same quarter of the previous year, primarily due to non-cash impairments associated with potential asset sales.

FFO, excluding specified items, was $14.3 million, or $0.10 per diluted share, compared to $26.1 million, or $0.18 per diluted share, in the same quarter of the previous year.

Executed 85 new and renewal leases totaling 539,272 square feet.