Orchid Island Capital to Announce Fourth Quarter 2022 Results

Rhea-AI Summary

Orchid Island Capital, Inc. (NYSE:ORC), a real estate investment trust, is set to release its fourth quarter 2022 results after the market closes on February 23, 2023. An accompanying earnings conference call will take place on February 24, 2023, at 10:00 AM ET, accessible by dialing (888) 510-2356 with conference ID 8493186. Additionally, a live audio webcast will be available on the Company's investor relations website, with an audio archive accessible until March 26, 2023.

Orchid specializes in leveraged investments in Agency RMBS, focusing on traditional and structured Agency RMBS.

Positive

• Scheduled earnings call allows for investor engagement.
• Focused investment strategy in Agency RMBS may generate stable returns.

Negative

• No financial results or insights provided, leaving investors uncertain.
• Potential market volatility surrounding earnings report could affect stock price.

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 fourth quarter of 2022 following the close of trading on the New York Stock Exchange on Thursday, February 23, 2023.

Earnings Conference Call Details

An earnings conference call and live audio webcast will be hosted Friday, February 24, 2023, at 10:00 AM ET. The conference call may be accessed by dialing toll free (888) 510-2356. 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 https://ir.orchidislandcapital.com, and an audio archive of the webcast will be available until March 26, 2023.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230124005986/en/

Orchid Island Capital, Inc.

Robert E. Cauley, 772-231-1400

Chairman and Chief Executive Officer

https://ir.orchidislandcapital.com

Source: Orchid Island Capital, Inc.

FAQ

When will Orchid Island Capital release its fourth quarter 2022 results?

Orchid Island Capital will release its fourth quarter 2022 results on February 23, 2023.

What time is the earnings conference call for Orchid Island Capital?

The earnings conference call for Orchid Island Capital is scheduled for February 24, 2023, at 10:00 AM ET.

How can investors access the earnings conference call for Orchid Island Capital?

Investors can access the earnings conference call by dialing (888) 510-2356 and using conference ID 8493186.

Where can I find the audio webcast of Orchid Island Capital's earnings call?

The audio webcast of Orchid Island Capital's earnings call can be found on the Company's investor relations website.

What does Orchid Island Capital focus on in its investment strategy?

Orchid Island Capital focuses on leveraged investments in Agency RMBS, including traditional and structured Agency RMBS.