Orchid Island Capital (ORC) Misses Q1 EPS

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/28/2026

1. HOOD
2. BA
3. ENPH
4. STX
5. NXPI
6. KIDS
7. MANH
8. CSGP
9. LSTR
10. SKHY

Go back to Orchid Island Capital (ORC) Misses Q1 EPS

Orchid Island Capital Announces First Quarter 2022 Results

April 28, 2022 4:10 PM EDT

VERO BEACH, Fla.--(BUSINESS WIRE)-- Orchid Island Capital, Inc. (NYSE: ORC) ("Orchid or the "Company"), a real estate investment trust ("REIT"), today announced results of operations for the three month period ended March 31, 2022.

First Quarter 2022 Highlights

Net loss of $148.7 million, or $0.84 per common share, which consists of: Net interest income of $39.2 million, or $0.22 per common share Total expenses of $4.7 million, or $0.03 per common share Net realized and unrealized losses of $183.2 million, or $1.04 per common share, on RMBS and derivative instruments,... More