Climb Solutions(CLMB)

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Climb Global (CLMB) Soars 3.5%: Is Further Upside Left in the Stock?
ZACKS· 2025-07-01 13:46
Company Overview - Climb Global Solutions (CLMB) shares increased by 3.5% to close at $106.91, following a notable trading volume that exceeded typical levels, contrasting with a 6.2% loss over the past four weeks [1][2] - The company is experiencing organic growth in both the United States and Europe, indicating strong partner relationships and advancements in technology offerings [2] Financial Performance - Climb Global is expected to report quarterly earnings of $0.90 per share, reflecting an 8.4% year-over-year increase, with revenues projected at $113.25 million, a 23% rise from the same quarter last year [2] - The consensus EPS estimate for Climb Global has remained unchanged over the last 30 days, suggesting stability in earnings expectations [4] Market Position - Climb Global holds a Zacks Rank of 3 (Hold), indicating a neutral outlook in the market [5] - The company is part of the Zacks Technology Services industry, alongside MediaAlpha, Inc. (MAX), which also holds a Zacks Rank of 3 and has shown a 6% return over the past month [5][6]
Climb Channel Solutions Announces Distribution Partnership with Egnyte
Globenewswire· 2025-06-27 11:00
Core Insights - Climb Channel Solutions has entered into a distribution agreement with Egnyte, enhancing its portfolio with a cloud-native platform for secure content collaboration [1][2] - This partnership aims to expand access to transformative technologies for partners and customers across the United States, catering to both SMB and enterprise environments [2][4] Company Overview - Climb Channel Solutions is a global specialty technology distributor focusing on various sectors including Security, Data Management, and Cloud solutions, emphasizing a data-driven approach to accelerate market entry for emerging technologies [5] - Egnyte is recognized for its intelligent content platform that integrates cloud content management, data security, and AI, serving over 22,000 customers across multiple industries [7] Partnership Details - The collaboration is designed to enhance Egnyte's Partner Program, which focuses on profitability, enablement, and simplicity, thereby supporting a broader network of solution partners [3] - Climb's extensive reseller network is expected to facilitate Egnyte's growth by providing agile supply chain support, technical assistance, and competitive pricing [3][4]
Climb Global Solutions (CLMB) Earnings Call Presentation
2025-06-25 09:41
Connecting People with Technology Climb Global Solutions, Inc. Investor Presentation May 2025 1 Disclaimer This presentation is for informational purposes only and is not an offer to sell securities or a solicitation of an offer to buy any securities and may not be relied upon in connection with the purchase or sale of any security. Sales and offers to sell Climb Global Solutions, Inc. ("Climb") securities will only be made in accordance with the Securities Act of 1933, as amended, and applicable Securities ...
Climb Channel Solutions Announces North American Alliance with Bugcrowd
Globenewswire· 2025-06-18 11:00
Core Insights - Climb Channel Solutions has entered into a North American distribution agreement with Bugcrowd, enhancing its cybersecurity offerings and expanding its reach to a broader base of resellers [1][3][5]. Company Overview - Climb Channel Solutions is a global specialty technology distributor focusing on various sectors including Security, Data Management, and Cloud solutions. The company aims to transform distribution by providing both emerging and established IT technologies [7]. Bugcrowd Overview - Bugcrowd is a crowdsourced cybersecurity platform that identifies and addresses vulnerabilities in digital systems through a global network of security researchers and advanced tools [2][8]. Strategic Collaboration - The partnership allows Climb to offer Bugcrowd's platform-driven security solutions to over 7,000 resellers, addressing the urgent demand for proactive vulnerability detection and management [5][6]. - Bugcrowd's offerings include vulnerability detection, penetration testing, and Red Team as a Service (RTaaS), which are critical for businesses to enhance their security resilience [5][6]. Market Demand - The collaboration reflects the growing complexity of cyber threats and the increasing need for modern, scalable security solutions among businesses [4][6].
Buy 5 Mid and Small Tech Services Stocks Amid Solid Short-Term Upside
ZACKS· 2025-05-16 12:51
Industry Overview - The technology services industry is mature with strong demand for services, and revenues, income, and cash flows are expected to gradually return to pre-pandemic levels, supporting stable dividends for most players [1] - The industry thrived in 2024 and continued its momentum into the first quarter of 2025 [1] - The global shift towards digitization is creating opportunities in markets such as 5G, blockchain, and artificial intelligence (AI), with companies rapidly adopting generative AI, machine learning (ML), and data science to gain competitive advantages [4] Investment Outlook - The Zacks-defined Technology Services industry ranks within the top 26% of Zacks Ranked Industries, indicating an expectation to outperform the market over the next three to six months [2] - Five mid and small-sized technology services stocks with strong short-term upside potential are recommended: Byrna Technologies Inc. (BYRN), Climb Global Solutions Inc. (CLMB), Adeia Inc. (ADEA), Priority Technology Holdings Inc. (PRTH), and Ivanhoe Electric Inc. (IE) [2][3] Company Highlights Byrna Technologies Inc. (BYRN) - Engaged in developing and selling less-lethal personal security solutions across multiple regions [6] - Average short-term price target indicates a potential increase of 48.6% from the last closing price of $25.53, with a target range of $33-$38 [8] - Expected revenue and earnings growth rates for the current year are 30.2% and 12.9%, respectively [9] Climb Global Solutions Inc. (CLMB) - Operates as a value-added IT distribution and solutions company [10] - Average short-term price target suggests a potential increase of 26.2% from the last closing price of $110.28, with a target range of $136 [13] - Expected revenue and earnings growth rates for the current year are 5% and 2.7%, respectively [14] Adeia Inc. (ADEA) - Operates as a media and semiconductor intellectual property licensing company [16] - Average short-term price target indicates a potential increase of 25.2% from the last closing price of $13.75, with a target range of $17-$18 [18] - Expected revenue and earnings growth rates for the current year are 9.2% and 7.1%, respectively [18] Priority Technology Holdings Inc. (PRTH) - Functions as a payment technology company with multiple segments [20] - Average short-term price target suggests a potential increase of 71.6% from the last closing price of $7.46, with a target range of $10-$16 [24] - Expected revenue and earnings growth rates for the current year are 11.4% and over 100%, respectively [25] Ivanhoe Electric Inc. (IE) - Focuses on minerals exploration and development, particularly for electrification [27] - Average short-term price target indicates a potential increase of 105.9% from the last closing price of $6.85, with a target range of $10-$20 [28] - Expected revenue and earnings growth rates for the current year are 2.6% and 51.4%, respectively [28]
4 Top-Ranked Stocks With Solid Net Profit Margin to Enhance Returns
ZACKS· 2025-05-15 14:05
Core Insights - Investors favor businesses with consistent profitability, measured effectively by net profit margin, which indicates a company's efficiency in converting sales into profits [1][2] - Companies like Greenland Technologies Holding Corporation (GTEC), Great Lakes Dredge & Dock Corporation (GLDD), Orion Group Holdings, Inc. (ORN), and Climb Global Solutions, Inc. (CLMB) demonstrate strong net profit margins, making them attractive to investors [1] Summary by Category Net Profit Margin - Net profit margin is calculated as net profit divided by sales, multiplied by 100, serving as a key indicator of a company's operational strength and cost control [2] - A higher net profit margin not only attracts investors but also skilled employees, enhancing overall business value and providing a competitive edge [3] Advantages and Disadvantages - A strong net profit margin clarifies a company's business model regarding pricing, cost structure, and manufacturing efficiency, making it a preferred metric for investors [4] - However, net profit margin varies significantly across industries, and its relevance diminishes for technology companies compared to traditional industries [4][5] Screening Parameters - Effective investment strategies prioritize a net profit margin of at least 0%, indicating solid profitability, and positive earnings per share (EPS) growth [7] - Stocks with a Zacks Rank of 1 (Strong Buy) or 2 (Buy) are expected to outperform peers, especially when combined with a favorable VGM Score [8] Company Profiles - **Greenland Technologies Holding Corporation (GTEC)**: Develops drivetrain systems, currently holds a Zacks Rank of 1, with a VGM Score of A. The 2025 earnings estimate was revised upward to $0.48 per share, with an average surprise of 540.6% over the last four quarters [9] - **Great Lakes Dredge & Dock Corporation (GLDD)**: Largest U.S. dredging service provider, also holds a Zacks Rank of 1 and a VGM Score of A. The 2025 earnings estimate increased by $0.24 to $0.93 per share, with an average surprise of 93.3% [10][11] - **Orion Group Holdings, Inc. (ORN)**: A construction company with a Zacks Rank of 1 and a VGM Score of B. The 2025 earnings estimate rose by $0.09 to $0.16 per share, with an average surprise of -104.4% [12] - **Climb Global Solutions, Inc. (CLMB)**: An IT distribution company with a Zacks Rank of 1 and a VGM Score of B. The 2025 earnings estimate remains at $5.40 per share, with an average surprise of 63.4% [13][14]
CRN Recognizes Nine Climb Channel Solutions Employees on the 2025 ‘Women of the Channel’ List and Names Climb CMO Kim Stevens as one of the 2025 Women of the Channel Power 100
Globenewswire· 2025-05-15 11:00
Core Insights - Climb Channel Solutions has been recognized for its leadership in the IT channel, with nine women named to the 2025 Women of the Channel list and Kim Stevens, the Chief Marketing Officer, included in the Power 100 subset [1][2][5] Company Recognition - The CRN Women of the Channel list honors women from various organizations who positively impact the IT ecosystem, showcasing their commitment to channel excellence [2][3] - Climb Channel Solutions celebrates the achievements of its nine honorees, including six repeat awardees, highlighting their influence on the company's growth and culture of excellence [5][6] Leadership Statements - Jennifer Follett, VP at CRN, emphasized the exceptional dedication of the honorees in driving transformation and success within the IT channel [3] - Kim Stevens expressed gratitude for being part of the Power 100 and acknowledged the supportive culture at Climb that empowers women to excel [7] Honorees List - The following women from Climb Channel Solutions were recognized: - Kim Stevens, CMO - Danielle Franco, VP of Operations - Erin King, Director, Premier Accounts - Katie Kunker, Regional Sales Director, Southeast - Jessica Lindof, Regional Sales Director, Northeast - Jennifer Mish, Director of Corporate Marketing - Michelle Boers, Director of National Accounts - Sarah Peters, Director of National Alliances - Nicole Shanley, Sr. Director of Order Services - Sandy DeVico, Director of National Accounts [8]
Climb Channel Solutions Promotes Carlos Rodrigues to President of North America
Globenewswire· 2025-05-13 11:00
EATONTOWN, N.J., May 13, 2025 (GLOBE NEWSWIRE) -- Climb Channel Solutions (Climb), an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB) is pleased to announce the promotion of Carlos Rodrigues to President of North America. Carlos has been a key leader within Climb since 2020, demonstrating exceptional leadership and strategic vision across North America. Throughout his tenure, he has played a critical role in driving company-wide growt ...
Climb Channel Solutions Partners with Smartsheet for Industry-Leading Collaborative Work Management
Globenewswire· 2025-05-07 11:00
Core Insights - Climb Channel Solutions has partnered with Smartsheet to distribute its AI-enhanced enterprise work management platform in North America, expanding access for resellers [1][2] - This collaboration aims to empower resellers to offer Smartsheet's solutions, which focus on driving efficiency, collaboration, and growth for businesses [2][4] - Smartsheet has been recognized as a Leader in the 2024 Gartner Magic Quadrant for Collaborative Work Management, highlighting its strong market position and execution capabilities [3] Company Overview - Climb Channel Solutions is a global specialty technology distributor focusing on various sectors including Security, Data Management, and Software & Application Lifecycle [6] - The company emphasizes transforming distribution by providing innovative IT technologies, flexible financing, and exceptional service to partners [6] Partnership Details - The partnership allows Climb's resellers to access the full Smartsheet portfolio, enhancing their ability to meet diverse business needs such as project management and product development [5] - Climb's expertise in delivering innovative software is expected to strengthen the partnership and support resellers in scaling their businesses [4][5]
CLMB or AMADY: Which Is the Better Value Stock Right Now?
ZACKS· 2025-05-05 16:46
Group 1 - Climb Global Solutions (CLMB) has a Zacks Rank of 1 (Strong Buy), while Amadeus IT Group SA Unsponsored ADR (AMADY) has a Zacks Rank of 2 (Buy) [3] - The Zacks Rank emphasizes companies with positive earnings estimate revisions, indicating that CLMB's earnings outlook is improving more significantly than AMADY's [3] - Value investors utilize various traditional metrics to identify undervalued companies, including P/E ratio, P/S ratio, earnings yield, and cash flow per share [4] Group 2 - CLMB has a forward P/E ratio of 18.75, while AMADY has a forward P/E of 23.38, suggesting that CLMB may be undervalued compared to AMADY [5] - The PEG ratio for CLMB is 1.56, indicating a more favorable expected earnings growth rate compared to AMADY's PEG ratio of 3.45 [5] - CLMB's P/B ratio is 4.86, compared to AMADY's P/B of 6.57, further supporting CLMB's superior valuation metrics [6] Group 3 - CLMB has a Value grade of B, while AMADY has a Value grade of C, indicating that CLMB is viewed as the better value option based on its solid earnings outlook and valuation figures [6]