Danaos Corporation (DAC) Tops Q4 EPS by 34c, Revenues Beat
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Danaos Corporation Reports Results for the Fourth Quarter and Year Ended December 31, 2019
February 10, 2020 5:00 PM ESTATHENS, Greece, Feb. 10, 2020 /PRNewswire/ --Â Danaos Corporation ("Danaos") (NYSE: DAC), one of the world's largest independent owners of containerships, today reported unaudited results for the fourth quarter and the year ended December 31, 2019.
Highlights for the Fourth Quarter and Year Ended December 31, 2019:
Adjusted net income1 of $38.0 million, or $2.01 per share2, for the three months ended December 31, 2019 compared to $36.6 million, or $2.45 per share2, for the three months ended December 31, 2018, an increase of 3.8%. Adjusted net income1 of $148.7 million, or $9.17 per share2, for the year ended December 31, 2019 compared to $131.2 million, or... More