ATHENS, Greece (AP) — ATHENS, Greece (AP) — Danaos Corp. (DAC) on Monday reported profit of $146.2 million in its first quarter.

The Athens, Greece-based company said it had profit of $7.18 per share. Earnings, adjusted for non-recurring gains, came to $7.14 per share.

The shipping company posted revenue of $243.6 million in the period.

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