$DAC

Danaos Q1 Adjusted Earnings, Revenue Rise

Danaos (DAC) reported Q1 adjusted earnings late Monday of $6.72 per diluted share, up from $6.04 a year earlier.One analyst polled by FactSet expected $6.60.Revenue in the three months ended March 31 rose to $253.7 million from $253.3 million a year earlier.Two analysts surveyed by FactSet expected $236.5 million.The company kept its quarterly dividend at $0.90 a share, payable June 4 to stockholders of record May 26.Danaos shares rose 1% in after-hours trading.