Hub Group Delays Financial Reporting After $77 Million Accounting Error

Reuters
Feb 18
Hub Group Delays Financial Reporting After $77 Million Accounting Error

Hub Group Inc. disclosed a delay in filing updated financial statements following the discovery of a $77 million accounting error related to purchased transportation costs and accounts payable. The delay affects the preliminary fourth-quarter and full-year 2025 results. The company announced the issue alongside its preliminary financial results, prompting a sharp decline in its stock price.

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