Hub Group, Inc. (NASDAQ:HUBG) Q4 2022 Earnings Conference Call February 2, 2023 5:00 PM ET
Company Participants
Phillip Yeager - President and CEO
Brian Alexander - Chief Operating Officer
Geoff DeMartino - CFO
Conference Call Participants
Todd Fowler - KeyBanc
Jon Chappell - Evercore
Jason Seidl - Cowen and Company
Brian Ossenbeck - JPMorgan
Bascome Majors - Susquehanna
Scott Group - Wolfe Research
Christopher Kuhn - Benchmark
Allison Poliniak - Wells Fargo
Bruce Chan - Stifel
Thomas Wadewitz - UBS
Ravi Shanker - Morgan Stanley
Justin Long - Stephens
Operator
Hello, and welcome to the Hub Group Fourth Quarter 2022 Earnings Conference Call. Phil Yeager, Hub's President and CEO; Brian Alexander, Hub's Chief Operating Officer; and Geoff DeMartino, Hub's CFO, are joining me on the call. [Operator Instructions]
Any forward-looking statements made during the course of the call or contained in the release represent the company's best good faith judgment as to what may happen in the future. Statements that are forward-looking can be identified by the use of words such as believe, expect, anticipate and project and variations of these words. Please review the cautionary statements in the release.
In addition, you should refer to the disclosures in the company's Form 10-K and other SEC filings regarding factors that could cause actual results to differ materially from those projected in these forward-looking statements. As a reminder, this conference is being recorded.
It is now my pleasure to turn the call over to your host, Phil Yeager. You may now begin.
Phillip Yeager
Good afternoon, and thank you for participating in Hub Group's fourth quarter earnings call. With me today are Brian Alexander, Hub Group's Chief Operating Officer; and Geoff DeMartino, our Chief Financial Officer.
I'm honored and privileged to be able to serve as Hub Group's third Chief Executive in our 52-year history. I wanted to thank our Board of Directors for their support, but in particular, our Executive Chairman, Dave Yeager, who was the company's CEO for 26 years with vision, integrity, determination and humility. He has been a phenomenal leader and I look forward to continuing to work with him to deliver on our long-term goals for the organization.
I wanted to also thank all of our team members for their continued commitment and focus on supporting our customers in a constantly evolving environment. Our team delivered a record year in 2022. We're able to grow all of our service lines in both revenue and profitability, reaching $1 billion in revenue in both logistics and brokerage for the first time as an organization, while eclipsing $3 billion in intermodal revenue.