Danaos Corporation (DAC) Q1 2025 Earnings Call

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WEBVTT 00:00:00.551 -- 00:00:05.453 and welcome to the Denauss Corporation conference call to discuss the financial results 00:00:05.453 -- 00:00:09.664 for the three months ended March 31st, 2025. 00:00:09.695 -- 00:00:12.816 As a reminder, today's call is being recorded. 00:00:12.816 -- 00:00:18.238 Hosting the call today is Dr. John Kustas, Chief Executive Officer 00:00:18.238 -- 00:00:23.400 of Denauss Corporation and Mr. Evangelos Hatzis, Chief Financial Officer 00:00:23.400 -- 00:00:26.742 of Denauss Corporation. Dr. Kustas and Mr. 00:00:26.742 -- 00:00:31.765 Hatzis will be making some introductory comments and then we will open the call to 00:00:31.765 -- 00:00:34.646 a question and answer session. 00:00:36.828 -- 00:00:41.411 Thank you, operator. Good morning, everyone, and thank you for joining us. 00:00:41.411 -- 00:00:46.675 Before we begin, I quickly want to remind everyone that management's remarks this morning 00:00:46.675 -- 00:00:51.818 may contain certain forward-looking statements and that actual results could differ materially 00:00:51.818 -- 00:00:56.941 from those projected today. These forward-looking statements are made as of today, 00:00:56.941 -- 00:01:00.135 and we undertake no obligation to update them. 00:01:00.135 -- 00:01:05.438 Factors that might affect future results are discussed in our filings with the SEC, 00:01:05.438 -- 00:01:11.482 and we encourage you to review these detailed safe harbor and risk factor disclosures. 00:01:11.482 -- 00:01:16.465 Please also note that where we feel appropriate, we will continue to refer to non-GAAP 00:01:16.465 -- 00:01:21.948 financial measures such as EBITDA, adjusted EBITDA, adjusted net income, 00:01:21.948 -- 00:01:26.951 time charter equivalent revenues, and time charter equivalent dollars ...