Newsfilter article unlocker

Enter Newsfilter article ID in the field below.
Example: https://newsfilter.io/articles/39be1bef03e66cdc886c08a2a6319c47

Orion Properties Inc. (NYSE:ONL) Q2 2025 Earnings Conference Call August 7, 2025 10:00 AM ET

Company Participants

Gavin B. Brandon - Executive VP, CFO & Treasurer
Paul C. Hughes - General Counsel & Secretary
Paul H. McDowell - CEO, President & Director

Operator

Greetings. Welcome to Orion Properties Second Quarter 2025 Earnings Call. As a reminder, this conference is being recorded. I would now like to turn the call over to Paul Hughes, General Counsel for Orion. Thank you. You may begin.

Paul C. Hughes

Thank you, and good morning, everyone. Yesterday, Orion released its results for the quarter ended June 30, 2025, filed its Form 10-Q with the Securities and Exchange Commission and posted its earnings supplement to its website at onlreit.com.

During the call today, we will be discussing Orion's guidance estimates for calendar year 2025 and other forward-looking statements, which are based on management's current expectations and are subject to certain risks that could cause actual results to differ materially from our estimates. The risks are discussed in our earnings release as well as in our Form 10-Q and other SEC filings, and Orion undertakes no duty to update any forward-looking statements made during this call.

Today, on the call, we will be discussing funds from operations or FFO, and core funds from operations or core FFO and other non- GAAP financial measures. These non-GAAP financial measures are not a substitute for financial information presented in accordance with GAAP, and Orion's earnings release and supplement include a reconciliation of our non-GAAP financial measures to the most directly comparable GAAP measure.

Hosting the call today are Orion's Chief Executive Officer, Paul McDowell and Chief Financial Officer Gavin Brandon. And joining us for the Q&A session will be Chris Day, our Chief Operating Officer.

With that, I am now going