Danaos Corporation (DAC) Tops Q2 EPS by 1c

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Go back to Danaos Corporation (DAC) Tops Q2 EPS by 1c

Danaos Corporation Reports Second Quarter and Half Year Results for the Period Ended June 30, 2016

August 1, 2016 4:30 PM EDT

ATHENS, Greece, Aug. 1, 2016 /PRNewswire/ -- Danaos Corporation ("Danaos") (NYSE: DAC), one of the world's largest independent owners of containerships, today reported unaudited results for the period ended June 30, 2016.

Highlights for the Second Quarter and Half Year Ended June 30, 2016:

Adjusted net income1 of $47.7 million, or $0.43 per share, for the three months ended June 30, 2016 compared to $38.0 million, or $0.35 per share, for the three months ended June 30, 2015, an increase of 25.5%. Adjusted net income1 of $94.9 million, or $0.86 per share, for the six months ended June 30, 2016 compared to $68.6 million, or... More