Orchid Island Capital, Inc. (ORC) CEO Robert Cauley on Q4 2020 Results - Earnings Call Transcript

Feb. 26, 2021 3:47 PM ETOrchid Island Capital, Inc. (ORC) StockORC
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Q4: 2021-02-25 Earnings Summary

EPS of $1.49 beats by $0.19
 | Revenue of $23.88M (36.41% Y/Y) beats by $3.91M

Orchid Island Capital, Inc. (NYSE:ORC) Q4 2020 Earnings Conference Call February 26, 2021 10:00 AM ET

Company Participants

Robert Cauley - Chairman and CEO
Hunter Haas - CFO and CIO

Conference Call Participants

Jason Stewart - JonesTrading
Christopher Nolan - Ladenburg Thalmann

Operator

Good morning, and welcome to the Fourth Quarter 2020 Earnings Conference Call for Orchid Island Capital. This call is being recorded today, February 26, 2021.

At this time, the company would like to remind the listeners that statements made during today's conference call relating to matters that are not historical facts are forward-looking statements subject to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Listeners are cautioned that such forward-looking statements are based on information currently available on the management's good faith belief with respect to future events and are subject to risks and uncertainties that could cause the actual performance or results to differ materially from those expressed in such forward-looking statements.

The important factors that could cause such differences are described in the company's filings with the Securities and Exchange Commission including the company's most recent Annual Report on Form 10-K. The company assumes no obligation to update such forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking statements.

Now, I would like to turn the conference over to the company's Chairman and Chief Executive Officer, Mr. Robert Cauley. Please go ahead, sir.

Robert Cauley

Thank you, operator and good morning. I hope everybody had a chance to download our flipbook, which we posted on our website last night. And as usual, I'll be going through the flipbook over the course of the call.

I just want to start off by saying that Orchid had another very strong quarter of continued book value

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