secwatch.observer — SEC 8-K summary
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Issuer:     Orchid Island Capital, Inc. (ORC)
CIK:        0001518621
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0001437749-23-004426
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Orchid Island Capital Q4 2022 net income $34.9M ($0.95/share); book value $11.93
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- Net income of $34.9M ($0.95 per share) vs net loss of $44.6M in Q4 2021.
- Book value per share $11.93, up $0.51 from Q3; total return 8.67% for Q4.
- Portfolio reduced to $3.5B from $6.5B; adjusted leverage 7.7x; liquidity $233M.
- Net interest spread narrowed to 0.16% from 1.51% in Q3 2022.
- Full year 2022 net loss of $258.5M vs $64.8M loss in 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1518621/000143774923004426/0001437749-23-004426-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1518621/000143774923004426/orc20221206_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-004426

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer