Executive Leadership Transition - Matthew Sullivan, the current Chief Accounting Officer, has been appointed as the new Chief Financial Officer (CFO) of Climb Global Solutions, effective January 10, 2025 [5] - Andrew Clark, the retiring CFO, will remain with the company as an advisor until April 15, 2025 to ensure a smooth transition [5] - Matthew Sullivan joined Climb in 2019 as Vice President, Corporate Controller and has since risen to Chief Accounting Officer, overseeing global financial functions [1] - Sullivan played a key role in advancing Climb's growth strategy and driving financial diligence for five accretive acquisitions since 2020 [1] Matthew Sullivan's Background and Expertise - Prior to joining Climb, Sullivan held finance roles at Jackson Hewitt Tax Service and BDO USA, LLP, managing complex audit and financial operations [1] - Sullivan is a Certified Public Accountant and holds a bachelor's degree in accounting from Kutztown University of Pennsylvania [1] - CEO Dale Foster praised Sullivan's extensive financial expertise, exceptional leadership, and deep knowledge of the business, making him uniquely qualified for the CFO role [1] - Over the past five years, Sullivan has been instrumental in enhancing financial operations, advancing strategic initiatives, and supporting growth through five accretive acquisitions [1] Company Overview - Climb Global Solutions is a value-added global IT distribution and solutions company specializing in emerging and innovative technologies [3] - The company operates across the US, Canada, and Europe through multiple business units, including Climb Channel Solutions, Grey Matter, and Climb Global Services [3] - Climb provides IT distribution and solutions for companies in Security, Data Management, Connectivity, Storage & HCI, Virtualization & Cloud, and Software & ALM industries [3] Leadership Transition Impact - CEO Dale Foster expressed confidence that Sullivan's experience and vision will help Climb continue to deliver unmatched value to customers, partners, and shareholders [1] - Andrew Clark stated that he is proud of the work accomplished to strengthen Climb's financial foundation and execute on the strategic vision [1] - Clark expressed confidence in Climb's proven track record of success and talented leadership team to achieve new heights [1]

If achieving profit is a company’s goal, then having healthy cash flow is essential to its existence, development and success. This is because cash offers strength, vitality and flexibility to make investment decisions as well as the fuel to run its growth engine.In this regard, stocks like Photronics, Inc. (PLAB) , DXP Enterprises, Inc. (DXPE) , Climb Global Solutions, Inc. (CLMB) and GeoPark Limited (GPRK) are worth buying.Investors are naturally drawn to profit-generating companies, but even a profitable ...

EATONTOWN, N.J., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB) yesterday announced a new partnership with Scality, a global leader in cyber-resilient storage software for the AI era. This strategic collaboration aims to expand Scality's reach across North America, enabling organizations to access scalable, secure, and high-performance storage solutions for their growing d ...

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the tr ...

Investors generally prefer businesses that earn profits. Even a profit-making company can end up bankrupt while meeting its obligations if it has a dearth of cash flow. Rather than brooding too much on profit numbers, effectively judging a company’s resiliency by assessing its efficacy in generating cash flows can be far more rewarding. In this regard, stocks like The Marcus Corporation (MCS) , Climb Global Solutions, Inc. (CLMB) , Graham Corporation (GHM) and Euroseas Ltd. (ESEA) are worth buying.This is b ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Score ...

Investors looking for stocks in the Technology Services sector might want to consider either Climb Global Solutions (CLMB) or QXO, Inc. (QXO) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasizes companies with posit ...

Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Climb Global Solutions (CLMB) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question.Climb Global Solutions is one of 307 individual stocks in the Business Ser ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 000-26408 Climb Global Solutions, Inc. (Exact name of registrant as specified in its charter) Delaware 13-3136104 (State or ...