ATHENS, Greece (AP) — ATHENS, Greece (AP) — Danaos Corp. (DAC) on Monday reported profit of $90.4 million in its fourth quarter.
On a per-share basis, the Athens, Greece-based company said it had net income of $4.70. Earnings, adjusted for non-recurring costs and stock option expense, came to $6.93 per share.
The shipping company posted revenue of $258.2 million in the period.
For the year, the company reported profit of $505.1 million, or $26.05 per share. Revenue was reported as $1.01 billion.
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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
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