ARMOUR Residential REIT, Inc. (ARR) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to the Armour Residential READS Fourth Quarter 2025 Earnings Conference Call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star, then 1 on your telephone keypad. To withdraw your question, please press star, then 2. Please note this event is being recorded. I would now like to turn the conference over to Scott Alm, CEO. Please go ahead. Good morning and welcome to Armour Residential REIT's fourth quarter 2025 conference call. This morning, I'm joined by our Chief Financial Officer, Gordon Harper, as well as our Co-Chief Investment Officers, Sergei Lesiev and Desmond McCauley. I'll now turn the call over to Gordon to run through the financial results. Thank you, Scott. By now, everyone has access to Armour's earnings release, which could be found on Armour's website, www.armoury.com. This conference call includes forward-looking statements, which are intended to be subject to the Safe Harbour Protection provided by the Private Securities Litigation and Reform Act of 1995. The risk factors section of Armour's periodic reports, filed with the Securities and Exchange Commission, describe certain factors beyond Armour's control that could cause actual results to differ materially from those expressed in or implied by these forward-looking statements. Those periodic filings can be found on the SEC's website at www.sec.gov. All of today's forward-looking statements are subject to change without notice. We disclaim any obligation to update them unless required by law. Also, today's discussion refers to certain non-GAAP measures. These measures are recon...