Danaos Corporation (DAC) Misses Q3 EPS by 26c
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Danaos Corporation Reports Third Quarter and Nine Months Results for the Period Ended September 30, 2016
December 15, 2016 4:30 PM ESTATHENS, Greece, Dec. 15, 2016 /PRNewswire/ -- Danaos Corporation ("Danaos") (NYSE: DAC), one of the world's largest independent owners of containerships, today reported unaudited results for the period ended September 30, 2016.
Highlights for the Third Quarter and Nine Months Ended September 30, 2016:
Adjusted net income1 of $22.8 million, or $0.21 per share, for the three months ended September 30, 2016 compared to $43.8 million, or $0.40 per share, for the three months ended September 30, 2015, a decrease of 47.9%. Adjusted net income1 of $117.7 million, or $1.07 per share, for the nine months ended September 30, 2016 compared to $112.3 million, or $1.02 per... More