Orchid Island Capital, Inc. (ORC) Q2 2024 Earnings Call Transcript

Orchid Island Capital, Inc. (NYSE:ORC) Q2 2024 Earnings Conference Call July 26, 2024 10:00 AM ET

Company Participants

Robert Cauley - Chairman and CEO
Hunter Haas - CFO

Conference Call Participants

Jason Stewart - Janney
Eric Hagen - BTIG.
Mikhail Goberman - Citizens
Christopher Nolan - Ladenberg Thalman
Jim Fowler - Kingsbarn Capital

Operator

Hello. Good morning, and welcome to the Second Quarter 2024 Earnings Conference Call of Orchid Island Capital. This call is being recorded today, July 26, 2024.

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 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. Hopefully everybody's had a chance to download our slide deck. As usual, I'll be using that for the presentation today. Turning over now, this is Slide 3, just kind of the agenda. As usual, we'll go through our financial results, then we'll talk about market developments and how those impacted our results