Brief: Orchid Island Capital Says Estimated GAAP Net Loss Of $2.41 Per Share For Q3 Ended Sept. 30

Orchid Island Capital

12/10/2022 22:41

Oct 12 (Reuters) - Orchid Island Capital Inc  ORC.N :
    * ORCHID ISLAND CAPITAL ANNOUNCES ESTIMATED THIRD QUARTER
2022
RESULTS, OCTOBER 2022 MONTHLY DIVIDEND, INCREASE IN STOCK
REPURCHASE PROGRAM AUTHORIZATION AND SEPTEMBER 30, 2022 RMBS
PORTFOLIO CHARACTERISTICS
    * ORCHID ISLAND CAPITAL INC - ESTIMATED BOOK VALUE PER SHARE
AS OF
SEPTEMBER 30, 2022 OF $11.42
    * ORCHID ISLAND CAPITAL INC - ESTIMATED GAAP NET LOSS OF
$2.41 PER
SHARE FOR QUARTER ENDED SEPTEMBER 30
    * ORCHID ISLAND CAPITAL INC - INCREASE IN NUMBER OF SHARES
OF
COMMON STOCK AVAILABLE IN STOCK REPURCHASE PROGRAM FOR UP TO
ADDITIONAL 4.3 MILLION SHARES

Source text for Eikon:  ID:nBw1yzC9Na 
Further company coverage:  ORC.N 
 ((Reuters.Briefs@thomsonreuters.com;))