Danaos Corporation (DAC) Tops Q4 EPS by 5c

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Go back to Danaos Corporation (DAC) Tops Q4 EPS by 5c

Danaos Corporation Reports Results for the Fourth Quarter and Year Ended December 31, 2015

February 16, 2016 4:47 PM EST

ATHENS, GREECE -- (Marketwired) -- 02/16/16 -- 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, 2015.

Highlights for the Fourth Quarter and Year Ended December 31, 2015:

Adjusted net income(1) of $47.2 million, or $0.43 per share, for the three months ended December 31, 2015 compared to $23.5 million, or $0.21 per share, for the three months ended December 31, 2014, an increase of 100.9%. Adjusted net income(1) of $159.5 million, or $1.45 per share, for the year ended December 31, 2015 compared to $60.0 million, or $0.55 per share,... More