Orchid Island Capital, Inc. (ORC) CEO Robert Cauley on Q2 2022 Results - Earnings Call Transcript

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Q2: 2022-08-04 Earnings Summary

EPS of $0.63 misses by $0.07
 | Revenue of $27.09M (-2.20% Y/Y) misses by $1.74M

Orchid Island Capital, Inc. (NYSE:ORC) Q2 2022 Results Conference Call August 5, 2022 10:00 AM ET

Company Participants

Robert Cauley - Chairman, President & Chief Executive Officer
Hunter Haas - Chief Financial Officer and Chief Investment Officer and Director

Conference Call Participants

Jason Steward - Jones Trading
Mikhail Goberman - JMP Securities
Christopher Nolan - Ladenburg Thalmann

Operator

Good morning and welcome to the Second Quarter 2022 Earnings Conference Call for Orchid Island Capital. This call is being recorded today, August 5, 2022.

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 Security 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 actual performance or results to differ materially from those expressed in such forward-looking statements.

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. Welcome everybody to our call, wherever you can join us on, if you can't join us live, I hope you're able to do so via recording. We're going to assume that everybody has been able to download the deck that we used every month and once

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