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Net Income and Adjusted Net Income up more than 2x to $5.5 Million or $1.19 per Share and $7.1 million or $1.55 per share, respectively; Adjusted EBITDA up 96% to $9.9 Million Net Sales up 52% to $119.3 Million, with Adjusted Gross Billings Up 65% to $465.2 Million EATONTOWN, N.J., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Climb Global Solutions, Inc. (NASDAQ:CLMB) ("Climb", the "Company", "we", or "our"), a value-added global IT channel company providing unique sales and distribution solutions for innovative technology vendors, is reporting results for the third quarter ended September 30, 2024. Third Quarter 2024 Summary vs. Same Year-Ago Quarter Net sales increased 52% to $119.3 million.Adj
EATONTOWN, N.J., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ:CLMB), announced a North American partnership with Fortra. Fortra provides trusted cybersecurity solutions that span every part of the cyber-attack chain, from detection to response. Through this partnership, Climb North American VARs and MSPs have access to Fortra's entire portfolio, which includes solutions covering digital risk and email protection, managed file transfer, data protection, infrastructure protection, managed security services, security awareness training, and automation. "Fortra
EATONTOWN, N.J., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ:CLMB) announced the addition of FinQuery to their North American line card. FinQuery's unified, AI-powered platform empowers companies to take control of their software assets and contracts. The Software Management platform provides full visibility and streamlined management, enabling partners to optimize spending, reduce risk, and improve forecasting. "We are thrilled to partner with Climb Channel Solutions to bring the power of FinQuery's Software Management platform to a wider audience," said F
4 - Climb Global Solutions, Inc. (0000945983) (Issuer)
4 - Climb Global Solutions, Inc. (0000945983) (Issuer)
4 - Climb Global Solutions, Inc. (0000945983) (Issuer)
EATONTOWN, N.J., June 13, 2024 (GLOBE NEWSWIRE) -- Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ:CLMB) announced the launch of their partnership with Flashpoint, the industry leader in threat data and intelligence. This strategic partnership aims to empower mission-critical organizations to proactively and decisively confront security and intelligence challenges with the most powerful data at the core, ensuring the safety of people, places, and assets. "We are excited to join forces with Climb Channel Solutions to amplify our reach and impact," said Ryan Bauernschmidt, Senior Director of Partn
EATONTOWN, N.J., March 25, 2024 (GLOBE NEWSWIRE) -- Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ:CLMB) was recently honored with the NAM Distributor of the Year award by Delinea at their 2024 Unlocked Award for the Americas event. In addition to this recognition, Climb's COO & President, Tim Popovich, and Director of the Vendor Manager Team, Ken Juntunen, were invited to join Delinea's Partner Advisory Board. During this event, Delinea executives, distributors, and partners gathered in Ft. Lauderdale for three days and two nights of networking and informative business sessions. This provide
EATONTOWN, N.J., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ:CLMB) announces the promotion of Kim Stevens to Worldwide Vice President of Marketing. This strategic addition to the executive team marks a significant milestone in Climb's commitment to driving value to our partners. Kim will assume global responsibility, overseeing all marketing at Climb. This includes developing and executing a comprehensive marketing strategy, brand management and partner marketing. This announcement comes at an exciting time for Climb as it continues to grow and expand its pr
"We are excited to join forces with Climb Channel Solutions to amplify our reach and impact," said Ryan Bauernschmidt, Senior Director of Partnerships at Flashpoint. "This strategic alliance aligns with our mission to deliver the most relevant, timely, and actionable threat intelligence that empowers enterprises to make mission-critical decisions that keep people and assets safe. By leveraging Climb's extensive distribution network, we can expand the reach of our industry-leading threat intelligence to a broader audience. This partnership will not only drive significant growth but also provide unparalleled value to our mutual customers by enhancing their ability to proactively safeguard crit
Providing a diverse range of perspectives from bullish to bearish, 4 analysts have published ratings on Climb Global Solutions (NASDAQ:CLMB) in the last three months. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 4 0 0 0 Last 30D 0 1 0 0 0 1M Ago 0 2 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 1 0 0 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $72.0, a high estimate of $76.00, and a low estimate of $68.00. This upward trend is evident, wit
Barrington Research analyst Vincent Colicchio maintains Climb Global Solutions (NASDAQ:CLMB) with a Outperform and maintains $68 price target.
Net Income and Adjusted Net Income up more than 2x to $5.5 Million or $1.19 per Share and $7.1 million or $1.55 per share, respectively; Adjusted EBITDA up 96% to $9.9 Million Net Sales up 52% to $119.3 Million, with Adjusted Gross Billings Up 65% to $465.2 Million EATONTOWN, N.J., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Climb Global Solutions, Inc. (NASDAQ:CLMB) ("Climb", the "Company", "we", or "our"), a value-added global IT channel company providing unique sales and distribution solutions for innovative technology vendors, is reporting results for the third quarter ended September 30, 2024. Third Quarter 2024 Summary vs. Same Year-Ago Quarter Net sales increased 52% to $119.3 million.Adj
EATONTOWN, N.J., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Climb Global Solutions, Inc. (NASDAQ:CLMB) ("Climb" or the "Company"), a value-added global IT channel company providing unique sales and distribution solutions for innovative technology vendors, will host a conference call on Thursday, October 31, 2024 at 8:30 a.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2024. The Company's results will be reported in a press release prior to the call. Climb's management will host the conference call, followed by a question-and-answer period. Interested parties may submit questions to the Company prior to the call by emailing [email protected]. Date: Thu
EATONTOWN, N.J., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Climb Global Solutions, Inc. (NASDAQ:CLMB), a value-added global IT channel company specializing in unique sales and distribution solutions for innovative technology vendors, announced it is acquiring Douglas Stewart Software & Services, LLC ("DSS"), a separate division of the privately held Douglas Stewart Company. DSS is a Wisconsin-based, leading specialty distributor focused on SaaS solutions for education customers in North America. The acquisition enhances Climb's presence in the region and bolsters its product portfolio. Climb closed on the acquisition of DSS for an aggregate purchase price of $20.3 million payable at closing (su
10-Q - Climb Global Solutions, Inc. (0000945983) (Filer)
8-K - Climb Global Solutions, Inc. (0000945983) (Filer)
10-Q - Climb Global Solutions, Inc. (0000945983) (Filer)