Orchid Island Capital(ORC) - 2024 Q2 - Quarterly Results

Exhibit 99.1 ORCHID ISLAND CAPITAL ANNOUNCES SECOND QUARTER 2024 RESULTS VERO BEACH, Fla. (July 25, 2024) – Orchid Island Capital, Inc. (NYSE:ORC) ("Orchid" or the "Company"), a real estate investment trust ("REIT"), today announced results of operations for the three month period ended June 30, 2024. Second Quarter 2024 Results Other Financial Highlights Management Commentary Commenting on the second quarter results, Robert E. Cauley, Chairman and Chief Executive Officer, said, "The long-awaited pivot on t ...