ATHENS, Greece (AP) — ATHENS, Greece (AP) — Danaos Corp. (DAC) on Tuesday reported profit of $150.5 million in its first quarter.
On a per-share basis, the Athens, Greece-based company said it had net income of $7.68. Earnings, adjusted for non-recurring gains, came to $7.15 per share.
The shipping company posted revenue of $253.4 million in the period.
_____
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