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Danaos Q2 Adjusted Earnings Fall, Revenue Rises
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Danaos Q2 Adjusted Earnings Fall, Revenue Rises
Aug 6, 2024 1:09 AM

03:41 AM EDT, 08/06/2024 (MT Newswires) -- Danaos ( DAC ) reported Q2 adjusted earnings Monday of $6.78 per diluted share, down from $7.14 a year earlier.

Two analysts polled by Capital IQ expected $7.28.

Revenue for the quarter ended June 30 was $246.3 million, compared with $241.5 million a year earlier.

A single analyst surveyed by Capital IQ expected $238.8 million.

The company maintained a quarterly dividend of $0.80 per share of common stock, payable on Aug. 29 to stockholders of record as of Aug. 20.

Price: 80.13, Change: -1.23, Percent Change: -1.51

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