Danaos Corporation (DAC) Tops Q2 EPS by 29c

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Go back to Danaos Corporation (DAC) Tops Q2 EPS by 29c

Danaos Corporation Reports Second Quarter and Half Year Results for the Period Ended June 30, 2020

August 3, 2020 4:30 PM EDT

ATHENS, Greece, Aug. 3, 2020 /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, 2020.

Highlights for the Second Quarter and Half Year Ended June 30, 2020:

Adjusted net income1 of $42.5 million, or $1.71 per share, for the three months ended June 30, 2020 compared to $34.3 million, or $2.24 per share, for the three months ended June 30, 2019, an increase of 23.9%. Adjusted net income1 of $75.8 million, or $3.06 per share, for the six months ended June 30, 2020 compared to $72.8 million, or $4.77 per... More