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Hudson Pacific Properties reported Q4 2022 financial results, with total revenue up 12.2% compared to Q4 2021. The company executed over 500,000 square feet of leases and provided a full-year 2023 FFO outlook.
Total revenue increased by 12.2% compared to the fourth quarter of 2021.
Net loss attributable to common stockholders was $12.0 million, or $0.09 per diluted share.
Executed 76 new and renewal leases totaling 517,131 square feet.
In-service office portfolio ended the quarter at 88.0% occupied and 89.7% leased.
The Company is providing a 2023 full-year FFO outlook in the range of $1.77 to $1.87 per diluted share.
Visualization of income flow from segment revenue to net income