Danaos: Q4 Earnings Snapshot
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ATHENS, Greece (AP) — ATHENS, Greece (AP) — Danaos Corp. (DAC) on Tuesday reported earnings of $149.9 million in its fourth quarter.
On a per-share basis, the Athens, Greece-based company said it had net income of $7.70. Earnings, adjusted for non-recurring gains, were $6.99 per share.
The shipping company posted revenue of $249.3 million in the period.
For the year, the company reported profit of $576.3 million, or $28.95 per share. Revenue was reported as $973.6 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DAC at https://www.zacks.com/ap/DAC
