Orchid Island Capital(ORC) - 2024 Q3 - Quarterly Results

Exhibit 99.1 ORCHID ISLAND CAPITAL ANNOUNCES THIRD QUARTER 2024 RESULTS VERO BEACH, Fla. (October 24, 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 September 30, 2024. Third Quarter 2024 Results ● Net income of $17.3 million, or$0.24 per common share, which consists of: ● Net interest income of $0.3 million, or less than$0.01 per common share ● Total expenses of $4. ...