Timothy D'Agostino
Analyst, B. Riley Securities
Replay available
ARMOUR Residential REIT, Inc. (NYSE: ARR) Q4 2025 earnings conference call, held 2026-02-19. Replay captured from the company's public earnings webcast.

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WEBVTT 00:00:00.031 -- 00:00:05.339 Welcome to the Armour Residential READS Fourth Quarter 2025 Earnings Conference Call. 00:00:05.339 -- 00:00:07.663 All participants will be in listen-only mode. 00:00:07.663 -- 00:00:11.529 Should you need assistance, please signal a conference specialist by pressing the star 00:00:11.529 -- 00:00:16.257 key followed by zero. After today's presentation, there will be an opportunity to ask 00:00:16.257 -- 00:00:21.104 questions. To ask a question, you may press star, then 1 on your telephone keypad. 00:00:21.104 -- 00:00:24.269 To withdraw your question, please press star, then 2. 00:00:24.269 -- 00:00:28.216 Please note this event is being recorded. I would now like to turn the conference over 00:00:28.216 -- 00:00:32.378 to Scott Alm, CEO. Please go ahead. 00:00:32.840 -- 00:00:37.625 Good morning and welcome to Armour Residential REIT's fourth quarter 2025 conference 00:00:37.625 -- 00:00:42.270 call. This morning, I'm joined by our Chief Financial Officer, Gordon Harper, as well 00:00:42.270 -- 00:00:47.976 as our Co-Chief Investment Officers, Sergei Lesiev and Desmond McCauley. 00:00:47.976 -- 00:00:51.839 I'll now turn the call over to Gordon to run through the financial results. 00:00:51.839 -- 00:00:55.835 Thank you, Scott. By now, everyone has access to Armour's earnings release, which could 00:00:55.835 -- 00:00:58.138 be found on Armour's website, 00:00:58.138 -- 00:01:00.138 www.armoury.com. 00:01:00.181 -- 00:01:03.745 This conference call includes forward-looking statements, which are intended to be subject 00:01:03.745 -- 00:01:08.191 to the Safe Harbour Protection provided by the Private Securities Litigation and Reform 00:01:08.191 -- 00:01:10.974 Act of 1995. The 00:01:10.974 -- 00:01:15.620 risk factors section of...