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Orchid Island Capital to Announce First Quarter 2022 Results
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Orchid Island Capital, Inc. (NYSE:ORC) announced it will release its first-quarter 2022 financial results on April 28, 2022, after market close. A conference call is scheduled for April 29, 2022, at 10:00 AM ET, accessible via phone or live webcast on the Company’s website. Orchid focuses on leveraged investments in Agency RMBS, managed by Bimini Advisors, LLC. This upcoming earnings report is critical for investors seeking insights into Orchid's financial health and future outlook.
Positive
Scheduled earnings release may provide investors with important financial updates.
Company's focus on leveraged Agency RMBS investments indicates a targeted strategy in a specific market.
Negative
None.
VERO BEACH, Fla.--(BUSINESS WIRE)--
Orchid Island Capital, Inc. (NYSE:ORC) ("Orchid” or the "Company"), a real estate investment trust ("REIT"), today announced that it will release results for the first quarter of 2022 following the close of trading on the New York Stock Exchange on Thursday, April 28, 2022.
Earnings Conference Call Details
An earnings conference call and live audio webcast will be hosted Friday, April 29, 2022, at 10:00 AM ET. The conference call may be accessed by dialing toll free (888) 510-2536. The conference ID is 8493186. A live audio webcast of the conference call can be accessed via the investor relations section of the Company's website at www.orchidislandcapital.com, and an audio archive of the webcast will be available until May 27, 2022
About Orchid Island Capital, Inc.
Orchid Island Capital, Inc. is a specialty finance company that invests on a leveraged basis in Agency RMBS. Our investment strategy focuses on, and our portfolio consists of, two categories of Agency RMBS: (i) traditional pass-through Agency RMBS, such as mortgage pass-through certificates issued by Fannie Mae, Freddie Mac or Ginnie Mae and CMOS, and (ii) structured Agency RMBS. Orchid is managed by Bimini Advisors, LLC, a registered investment adviser with the Securities and Exchange Commission.
