DANAOS CORPORATION

(DAC)
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Danaos : CORRECTING and REPLACING Danaos Corporation Announces Date for the Release of Fourth Quarter 2020 Results, Conference Call and Webcast

02/09/2021 | 07:50am EDT

First sentence of release should read: Danaos Corporation (NYSE: DAC), one of the world’s largest independent owners of containerships, announced today that it will release its results for the fourth quarter ended December 31, 2020 before the open of the market in New York on Tuesday, February 16, 2021 (instead of after the close of the market in New York on Monday, February 15, 2021).

The updated release reads:

DANAOS CORPORATION ANNOUNCES DATE FOR THE RELEASE OF FOURTH QUARTER 2020 RESULTS, CONFERENCE CALL AND WEBCAST

Danaos Corporation (NYSE: DAC), one of the world’s largest independent owners of containerships, announced today that it will release its results for the fourth quarter ended December 31, 2020 before the open of the market in New York on Tuesday, February 16, 2021.

The Company’s management team will host a conference call to discuss the results on Tuesday, February 16, 2021 at 9:00 A.M. ET.

Conference Call Details:

Participants should dial into the call 10 minutes before the scheduled time using the following numbers:

U.S. Toll Free Dial-in: 1 844 802 2437
U.K. Toll Free Dial-in: 0 800 279 9489
Standard International Dial-in: +44 (0) 2075 441 375

Please indicate to the operator that you wish to join the Danaos Corporation earnings call.

A telephonic replay of the conference call will be available until February 23, 2021 by dialing 1 877 344 7529 (US Toll Free Dial In) or 1-412-317-0088 (Standard International Dial In) and using 10152390# as your access code.

Audio Webcast:

A live audio webcast of the conference call will be available through the Danaos Corporation website (www.danaos.com). Participants of the live audio webcast should register on the website approximately 10 minutes prior to the start of the webcast. An archived version of the audio webcast will be available on the website within 48 hours of the completion of the call.

About Danaos Corporation

Danaos Corporation is one of the largest independent owners of modern, large-size containerships. Our current fleet of 65 containerships aggregating 406,586 TEUs, including five vessels owned by Gemini Shipholdings Corporation, a joint venture, ranks Danaos among the largest containership charter owners in the world based on total TEU capacity. Our fleet is chartered to many of the world's largest liner companies on fixed-rate charters. Our long track record of success is predicated on our efficient and rigorous operational standards and environmental controls. Danaos Corporation's shares trade on the New York Stock Exchange under the symbol "DAC."

Visit our website at www.danaos.com.


© Business Wire 2021
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Financials (USD)
Sales 2022 874 M - -
Net income 2022 446 M - -
Net Debt 2022 689 M - -
P/E ratio 2022 3,83x
Yield 2022 3,66%
Capitalization 1 698 M 1 698 M -
EV / Sales 2022 2,73x
EV / Sales 2023 1,90x
Nbr of Employees 4
Free-Float 9,39%
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Mean consensus BUY
Number of Analysts 4
Last Close Price 81,94 $
Average target price 122,50 $
Spread / Average Target 49,5%
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Managers and Directors
John Coustas Chairman, President & Chief Executive Officer
Evangelos Chatzis Chief Financial Officer & Secretary
Dimitris Vastarouchas Technical Director & Deputy COO
Iraklis Prokopakis COO, Treasurer, Director & Senior Vice President
Myles R. Itkin Independent Director
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