VERO BEACH, Fla. (AP) — VERO BEACH, Fla. (AP) — Orchid Island Capital Inc. (ORC) on Thursday reported profit of $34.9 million in its fourth quarter.
On a per-share basis, the Vero Beach, Florida-based company said it had profit of 95 cents. Losses, adjusted for investment gains, came to 9 cents per share.
For the year, the company reported a loss of $258.5 million, or $2.63 per share.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ORC at https://www.zacks.com/ap/ORC
Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.