Danaos Corporation (DAC) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.256 Three months ended December 31st, 2025. As a reminder, today's 00:00:05.256 -- 00:00:09.080 call is being recorded. Hosting the call today is Dr. 00:00:09.080 -- 00:00:14.365 John Kustas, Chief Executive Officer of Denao's Corporation, and Mr. 00:00:14.365 -- 00:00:18.969 Evangelos Hatzis, Chief Financial Officer of Denao's Corporation. 00:00:18.969 -- 00:00:24.735 Dr. Kustas and Mr. Hatzis will be making some introductory comments, 00:00:24.735 -- 00:00:29.398 and then we will open the call to a question and answer session. 00:00:31.638 -- 00:00:36.465 Thank you, operator, and good morning to everyone, and thank you for joining us today. 00:00:36.465 -- 00:00:41.252 Before we begin, I quickly want to remind everyone that management's remarks this morning 00:00:41.252 -- 00:00:46.560 may contain certain forward-looking statements and that actual results could differ materially 00:00:46.560 -- 00:00:49.384 from those projected today. 00:00:49.384 -- 00:00:53.570 These forward-looking statements are made as of today, and we undertake no obligation 00:00:53.570 -- 00:00:58.658 to update them. Factors that might affect future results are discussed in 00:00:58.658 -- 00:01:03.838 our filings with the SEC and we encourage you to review these detailed safe harbor 00:01:03.838 -- 00:01:06.964 and risk factor disclosures. 00:01:06.964 -- 00:01:11.792 Please also note that where we feel appropriate, we will continue to refer to non-GAAP 00:01:11.792 -- 00:01:16.881 financial measures such as EBITDA, adjusted EBITDA, adjusted 00:01:16.881 -- 00:01:21.990 net income, time charter equivalent revenues, and time charter equivalent dollars per 00:01:21.990 -- 00:01:25.250 day to evaluate our business. 00:01:25.250 -- 00:01:30.036 Reconciliations o...