Danaos Corporation (DAC) Reports Q1 EPS of $11.36
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Danaos Corporation Reports First Quarter Results for the Period Ended March 31, 2022
May 16, 2022 5:00 PM EDTATHENS, Greece--(BUSINESS WIRE)-- Danaos Corporation (Danaos) (NYSE: DAC), one of the worlds largest independent owners of containerships, today reported unaudited results for the quarter ended March 31, 2022.
Highlights for the First Quarter Ended March 31, 2022:
Adjusted net income1 of $235.3 million, or $11.36 per share, for the three months ended March 31, 2022 compared to $58.0 million, or $2.83 per share, for the three months ended March 31, 2021, an increase of 305.7%. Net income of $331.5 million, or $16.00 per share, for the three months ended March 31, 2022 compared to $296.8 million, or $14.47 per share, for the three... More