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Re: maverick one post# 1086

Friday, 02/22/2019 8:30:29 AM

Friday, February 22, 2019 8:30:29 AM

Post# of 1778
Orchid Island Capital Announces Fourth Quarter 2018 Results
VERO BEACH, Fla., Feb. 21, 2019 (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 December 31, 2018.
Fourth Quarter 2018 Highlights
-- Net loss of $26.4 million, or $0.52 per common share, which consists of:

-- Net interest income of $17.3 million, or $0.34 per common share

-- Total expenses of $3.0 million, or $0.06 per common share

-- Net realized and unrealized losses of $40.7 million, or $0.80 per
share, on RMBS and derivative instruments, including net interest
income on interest rate swaps
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