Danaos Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 243.57 million compared to USD 229.9 million a year ago. Net income was USD 146.2 million compared to USD 331.47 million a year ago.

Basic earnings per share from continuing operations was USD 7.18 compared to USD 16.02 a year ago. Diluted earnings per share from continuing operations was USD 7.18 compared to USD 16 a year ago.