Danaos Corporation (DAC) Tops Q1 EPS by $1.24
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Danaos Corporation Reports First Quarter Results for the Period Ended March 31, 2023
May 15, 2023 4:30 PM EDTATHENS, Greece--(BUSINESS WIRE)-- Danaos Corporation (Danaos) (NYSE: DAC), one of the worlds largest independent owners of containerships, today reported unaudited results for the first quarter ended March 31, 2023.
Highlights for the First Quarter Ended March 31, 2023:
Adjusted net income1 of $145.3 million, or $7.14 per share, for the three months ended March 31, 2023 compared to $235.3 million, or $11.36 per share, for the three months ended March 31, 2022, a decrease of 38.2%. Our adjusted net income for the three months ended March 31, 2022 included a non-recurring $110.0 million dividend from ZIM that accounted for $5.31 per... More