Danaos Corporation (DAC) Reports Q1 EPS of $2.53, Revenues Beat
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Danaos Corporation Reports First Quarter Results for the Period Ended March 31, 2019
May 13, 2019 4:30 PM EDTATHENS, Greece, May 13, 2019 /PRNewswire/ --Â Danaos Corporation ("Danaos") (NYSE: DAC), one of the world's largest independent owners of containerships, today reported unaudited results for the quarter ended March 31, 2019.
Highlights for the First Quarter Ended March 31, 2019:
Adjusted net income1Â of $38.6 million, or $2.53 per share2, for the three months ended March 31, 2019 compared to $28.0 million, or $3.56 per share2, for the three months ended March 31, 2018, an increase of 37.9%. Operating revenues of $112.9 million for the three months ended March 31, 2019 compared to $111.9 million for the three months ended March 31, 2018, an... More