Orchid Island Capital Announces Third Quarter 2024 Results

VERO BEACH, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) -- 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 shareTotal expenses of $4.3 million, or $0.06 per common shareNet realized and unrealized ga ...