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Hub Group Reports Third Quarter 2024 Results
HUBGHub (HUBG) GlobeNewswire News Room·2024-10-30 20:05

Highlights: GAAP diluted earnings per share (EPS) of 0.39andrevenueof0.39 and revenue of 1.0 billion for the third quarter Non-GAAP adjusted EPS of 0.52,whichexcludesadjustmentsforanetworkalignmentinitiativeandtransactionrelatedexpensesinthequarterQuarterlyoperatingincomeof0.52, which excludes adjustments for a network alignment initiative and transaction related expenses in the quarter Quarterly operating income of 32 million or 3.3% of revenue, adjusted operating income (nonGAAP) of 42millionor4.342 million or 4.3% of revenue Returned 91 million to shareholders year-to-date through stock repurchases of 68million,including68 million, including 35 million in the third qu ...