DANAOS CORPORATION

(DAC)
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Delayed Nyse  -  05/20 04:00:02 pm EDT
81.63 USD   +3.75%
05/17TRANSCRIPT : Danaos Corporation, Q1 2022 Earnings Call, May 17, 2022
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Danaos Corporation : Mourns the Passing of Former Board Member Robert Mundell

04/07/2021 | 07:27am EDT

Danaos Corporation (NYSE: DAC), one of the world’s largest independent owners of containerships, is saddened to report the passing of Robert A. Mundell, who served as an invaluable member of Danaos’ Board of Directors from 2006, when the company went public, through 2015.

From 1974 until his recent passing, Mr. Mundell was a professor in the economics department at Columbia University in New York, where he held Columbia’s highest academic rank of University Professor. For much of his career in academia, he was unconventional in his thinking and delighted in stepping “on a lot of intellectual toes.” Known as the “father of the Euro,” Mr. Mundell laid the groundwork for its introduction and also helped to start the movement known as supply-side economics. He received the Nobel Memorial Prize in Economics in 1999 for his pioneering work in monetary dynamics and optimum currency areas. The Nobel committee noted that Mr. Mundell “chose his problems with uncommon – almost prophetic – accuracy in terms of predicting the future development of international monetary arrangements and capital markets.”

Mr. Mundell is survived by his wife Valerie, his children Nicholas, Bill and Robyn and eight grandchildren. The members of Danaos’ management team mourn his passing and extend their most sincere condolences to his family.

About Danaos Corporation

Danaos Corporation is one of the largest independent owners of modern, large-size containerships. Our current fleet of 65 containerships aggregating 403,793 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
All news about DANAOS CORPORATION
05/17TRANSCRIPT : Danaos Corporation, Q1 2022 Earnings Call, May 17, 2022
CI
05/16DANAOS : Q1 Earnings Snapshot
AQ
05/16Danaos Posts Higher Q1 Earnings, Revenue
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05/16Earnings Flash (DAC) DANAOS CORPORATION Posts Q1 Revenue $229.9M, vs. Street Est of $19..
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05/16Earnings Flash (DAC) DANAOS CORPORATION Posts Q1 EPS $11.36, vs. Street Est of $6.11
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05/16Danaos Corporation Reports First Quarter Results for the Period Ended March 31, 2022
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05/16Danaos Corporation Reports Earnings Results for the First Quarter Ended March 31, 2022
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05/16EARNINGS REACTION HISTORY : Danaos Corporation, 66.7% Follow-Through Indicator, 6.4% Sensi..
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05/09Danaos Corporation Announces Date for the Release of First Quarter 2022 Results, Confer..
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Financials (USD)
Sales 2022 874 M - -
Net income 2022 446 M - -
Net Debt 2022 689 M - -
P/E ratio 2022 3,81x
Yield 2022 3,68%
Capitalization 1 691 M 1 691 M -
EV / Sales 2022 2,72x
EV / Sales 2023 1,90x
Nbr of Employees 4
Free-Float 9,39%
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Number of Analysts 4
Last Close Price 81,63 $
Average target price 122,50 $
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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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