This article is about 4 weeks old

Orchid Island: Q4 Earnings Snapshot

VERO BEACH, Fla. (AP) — VERO BEACH, Fla. (AP) — Orchid Island Capital Inc. (ORC) on Thursday reported net income of $5.5 million in its fourth quarter.

On a per-share basis, the Vero Beach, Florida-based company said it had profit of 7 cents. Earnings, adjusted for investment gains, were 5 cents per share.

For the year, the company reported profit of $37.8 million, or 57 cents per share.

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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

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