Danaos Corporation Reports Stable Revenues and Adjusted EBITDA Growth in <a href="https://laohu8.com/S/QTWO">Q2</a> 2025; Declares $0.85 Dividend
Danaos Corporation has reported its financial results for the three and six months ended June 30, 2025. The company experienced a slight decrease in net income for the three-month period, posting $130.9 million compared to $141.2 million in the same period in 2024. Earnings per diluted share were $7.12, down from $7.23 a year earlier. The container vessels segment reported a net income of $115.9 million, while the drybulk vessels segment saw a net income of $0.3 million, a decrease from $2.3 million in the previous year. For the six months ended June 30, 2025, Danaos recorded a net income of $246.1 million, a decrease from $291.7 million in the prior year. The container vessels segment contributed $234.9 million to the net income, compared to $272.0 million in 2024. The company's operating revenues increased by $15.7 million. Danaos declared a dividend of $0.85 per share of common stock for the second quarter of 2025, payable on August 28, 2025, to stockholders of record as of August 19, 2025. The company also reported an increase in the number of vessels operated, with an average of 73.9 container vessels and 10 drybulk vessels during the first half of 2025, compared to 68.3 container vessels and 7.3 drybulk vessels in the same period of 2024.
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