Danaos Corporation (DAC) Tops Q3 EPS by 5c
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Danaos Corporation Reports Third Quarter and Nine Months Results for the Period Ended September 30, 2020
November 5, 2020 4:30 PM ESTATHENS, Greece--(BUSINESS WIRE)-- Danaos Corporation (Danaos) (NYSE: DAC), one of the worlds largest independent owners of containerships, today reported unaudited results for the period ended September 30, 2020.
Highlights for the Third Quarter and Nine Months Ended September 30, 2020:
Adjusted net income1 of $47.3 million, or $1.91 per share, for the three months ended September 30, 2020 compared to $37.9 million, or $2.46 per share, for the three months ended September 30, 2019, an increase of 24.8%. Adjusted net income1 of $123.1 million, or $4.97 per share, for the nine months ended September 30, 2020 compared to $110.7 million, or $7.23 per share, for the nine months... More