Danaos Corporation (DAC) Tops Q1 EPS by 7c
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Danaos Corporation Reports First Quarter Results for the Period Ended March 31, 2015
April 27, 2015 4:05 PM EDTATHENS, GREECE -- (Marketwired) -- 04/27/15 -- 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, 2015.
Highlights for the First Quarter Ended March 31, 2015:
Operating revenues of $138.6 million for the three months ended March 31, 2015 compared to $135.5 million for the three months ended March 31, 2014, an increase of 2.3%. Adjusted EBITDA(1) of $102.7 million for the three months ended March 31, 2015 compared to $96.4 million for the three months ended March 31, 2014, an increase of 6.5%. Adjusted net income(1) of $30.6 million, or $0.28... More