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Orchid Island Capital, Inc. (ORC) Q3 2024 Earnings Call Transcript

Orchid Island Capital, Inc. (NYSE:ORC) Q3 2024 Earnings Conference Call October 25, 2024 10:00 AM ET

Company Participants

Robert Cauley – Chairman and CEO
Hunter Haas – CFO

Conference Call Participants

Jason Weaver – JonesTrading
Mikhail Goberman – Citizens JMP
Jason Stewart – Janney Montgomery Scott
Christopher Nolan – Landenburg Thalmann & Co.
Eric Hagen – BTIG

Operator

Good morning and welcome to the Third Quarter 2024 Earnings Conference Call of Orchid Island Capital. This call is being recorded today, October 25th, 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. Thank you for joining us. Hopefully, everybody has had a chance to download the slide deck, so you can follow along with us.

Just to kind of start, I will start off by going over our financial results for the

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