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Stock impact report

Hub Group gets Nasdaq notice for financial filing delay [Yahoo! Finance]

Hub Group, Inc. - Class A (HUBG) 
Last hub group, inc. - class a earnings: 4/30 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: hubgroup.gcs-web.com/investor-relations
Company Research Source: Yahoo! Finance
full-year 2025 financial results, a development the company stated was anticipated. It announced in early February that it planned to restate results for the first three quarters of the year after uncovering a $77 million understatement of purchased transportation expenses. Hub Group ( NASDAQ: HUBG ) said it has 60 days, or until May 18, to submit a plan to Nasdaq to regain compliance with listing rules. If the plan is approved, it then has 180 days from the due date to file (until Sept. 14). “The Notice has no immediate effect on the listing or trading of the Company's common stock on Nasdaq,” a news release said. The company said it was also reviewing any potential impact on 2024 and 2023 results. It said in February that full-year 2025 revenue was approximately $3.7 billion, a 7% year-over-year decline, and that it did not expect any impact to its cash position or operating cash flows (preliminarily reported at $194 million for 2025) as a result of the accounting error. It Show less Read more
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