Danaos Corporation (DAC) Tops Q3 EPS by 32c, Revenues Beat
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Danaos Corporation Reports Third Quarter and Nine Months Results for the Period Ended September 30, 2019
November 4, 2019 5:00 PM ESTATHENS, Greece, Nov. 4, 2019 /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, 2019.
Highlights for the Third Quarter and Nine Months Ended September 30, 2019:
Adjusted net income1 of $37.9 million, or $2.46 per share2, for the three months ended September 30, 2019 compared to $37.5 million, or $3.17 per share2, for the three months ended September 30, 2018, an increase of 1.1%. Adjusted net income1 of $110.7 million, or $7.23 per share2, for the nine months ended September 30, 2019 compared to $94.6 million, or $10.30 per share2,... More