Orchid Island: Q1 Earnings Snapshot

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VERO BEACH, Fla. (AP) — VERO BEACH, Fla. (AP) — Orchid Island Capital Inc. (ORC) on Thursday reported net income of $3.5 million in its first quarter.

The Vero Beach, Florida-based company said it had net income of 9 cents per share. Losses, adjusted for investment gains, came to 24 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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