Danaos Corporation Reports First Quarter Results for the Period Ended March 31, 2018

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Danaos Corporation (DAC) Tops Q1 EPS by 7c, Revenues Beat

June 26, 2018 4:31 PM EDT

Danaos Corporation (NYSE: DAC) reported Q1 EPS of $0.25, $0.07 better than the analyst estimate of $0.18. Revenue for the quarter came in at $111.85 million versus the consensus estimate of $103.98 million.

Highlights for the First Quarter Ended March 31, 2018:

On June 19, 2018, we reached an agreement with certain of our lenders currently holding approximately $2.2 billion of debt maturing on December 31, 2018, that will... More