Orchid Island Capital, Inc. (ORC) Q3 2022 Earnings Call Transcript

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153.96K Followers

Q3: 2022-10-27 Earnings Summary

EPS of $0.26 misses by $0.39
 | Revenue of $14.25M (-56.29% Y/Y) misses by $8.78M

Orchid Island Capital, Inc. (NYSE:ORC) Q3 2022 Results Conference Call October 28, 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 - JonesTrading
Mikhail Goberman - JMP Securities
Christopher Nolan - Ladenburg Thalmann

Operator

Good morning and welcome to the Third Quarter 2022 Earnings Conference Call for Orchid Island Capital. This call is being recorded today, October 28, 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 everyone. Hopefully, you've received the deck that we put on our website last night. As always, I'll be walking through that. And then at the end, we'll have a question-and-answer session. Just to start on Slide 3 to kind of give you an overview of the agenda.

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