Eric Hagan
Analyst, BTIG
Replay available
Orchid Island Capital, Inc. (NYSE: ORC) Q3 2025 earnings conference call, held 2025-10-24. Replay captured from the company's public earnings webcast.

Analyst, BTIG
Director of Investor Relations
Analyst, Citizens JMP
Controller
Trader, Jones Trading
Chairman and Chief Executive Officer
and thank you for standing by. Welcome to the Orchid Island Capital Third Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during this session, you will need to press star 11 on your telephone. You will then hear an automated message advising you your hand is raised. To withdraw your question, please press star 11 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Melissa Alfonso. Please go ahead. Good morning, and welcome to the third quarter 2025 earnings conference call for Orchid Island Capital. This call is being recorded today, October 24, 2025. At this time, the company would like to remind the listeners that statements made during today's conference call relating to matters that are not historical facts are forward-looking statements subject to the safe harbor provisions of the Private Securities Delegation Reform Act of 1995. Listeners are cautioned that such forward-looking statements are based on information currently available on the management's good faith, believe with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in such forward-looking statements. Important factors that could cause such differences are described in the company's filings with the Securities and Exchange Commission, including the company's most recent annual report on Form 10-K. The company assumes no obligation to update such forward-looking statements to reflect actual results, changes in assumptions, or changes in other factors affecting forw...