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Orchid Island: Q1 Earnings Snapshot

By AP News
Published

VERO BEACH, Fla. (AP) — VERO BEACH, Fla. (AP) — Orchid Island Capital Inc. (ORC) on Thursday reported earnings of $19.8 million in its first quarter.

On a per-share basis, the Vero Beach, Florida-based company said it had net income of 38 cents. Losses, adjusted for investment gains, came to 12 cents per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ORC at https://www.zacks.com/ap/ORC

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