Danaos Corporation (DAC) Misses Q3 EPS by 10c

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Danaos Corporation Reports Third Quarter and Nine Months Ended September 30, 2023

November 13, 2023 4:30 PM EST

ATHENS, 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, 2023.

Highlights for the Third Quarter and Nine Months Ended September 30, 2023:

Adjusted net income1 of $143.0 million, or $7.26 per share, for the three months ended September 30, 2023 compared to $176.9 million, or $8.71 per share, for the three months ended September 30, 2022, a decrease of $33.9 million or $1.45 per share. Adjusted net income for the three months ended September 30, 2022 had included a non-recurring $23.2 million dividend from ZIM Integrated... More