ATHENS, Greece (AP) — ATHENS, Greece (AP) — Danaos Corp. (DAC) on Monday reported net income of $117.9 million in its fourth quarter.
The Athens, Greece-based company said it had profit of $6.42 per share. Earnings, adjusted for non-recurring costs and to extinguish debt, came to $7.14 per share.
The shipping company posted revenue of $266.3 million in the period. Its adjusted revenue was $262.1 million.
For the year, the company reported profit of $494.6 million, or $26.76 per share. Revenue was reported as $1.02 billion.
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