City Office REIT, Inc. (CIO) CEO Jamie Farrar on Q2 2022 Results - Earnings Call Transcript

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Q2: 2022-08-04 Earnings Summary

EPS of $0.02 misses by $0.01
 | Revenue of $45.50M (13.85% Y/Y) beats by $1.05M

City Office REIT, Inc. (NYSE:CIO) Q2 2022 Earnings Conference Call August 4, 2022 11:00 AM ET

Company Participants

Tony Maretic - Chief Financial Officer, Treasurer and Corporate Secretary
Jamie Farrar - Chief Executive Officer

Conference Call Participants

Michael Carroll - RBC
Rob Stevenson - Janney
Craig Kucera - B. Riley Securities

Operator

Good morning and welcome to the City Office REIT Inc. Second Quarter 2022 Earnings Conference Call. [Operator Instructions] It is now my pleasure to introduce you to Tony Maretic, the company’s Chief Financial Officer, Treasurer and Corporate Secretary. Thank you. Mr. Maretic, you may begin.

Tony Maretic

Good morning. Before we begin, I’d like to direct you to our website at cioreit.com where you can view our second quarter earnings press release and supplemental information package. The earnings release and supplemental package both include a reconciliation of non-GAAP measures that will be discussed today to their most directly comparable GAAP financial measures. Certain statements today that discuss the company’s beliefs or expectations or that are not based on historical fact may constitute forward-looking statements within the meaning of the federal securities laws.

Although the company believes that these expectations reflect in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that these expectations will be achieved. Please see the forward-looking statements disclaimer in our second quarter earnings press release and the company’s filings with the SEC for factors that could cause material differences between forward-looking statements and actual results. The company undertakes no obligation to update any forward-looking statements that may be made in the course of this call.

I will review our financial results after Jamie Farrar, our Chief Executive Officer, discusses some of the quarter’s operational highlights.

I will now turn the call over to Jamie.

Jamie Farrar

Good morning and thanks

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