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Climb Global Solutions Reports Third Quarter 2025 Results
Globenewswire· 2025-10-29 20:05
Core Insights - Climb Global Solutions reported a 35% increase in net sales to $161.3 million for Q3 2025 compared to $119.3 million in Q3 2024, driven by organic growth and the acquisition of Douglas Stewart Software & Services [5][8] - Gross billings rose 8% to $504.6 million from $465.2 million year-over-year, with the distribution segment contributing significantly [5][30] - The company declared a quarterly dividend of $0.17 per share, payable on November 17, 2025 [4] Financial Performance - Net income for Q3 2025 was $4.7 million or $1.02 per diluted share, down from $5.5 million or $1.19 per diluted share in Q3 2024 [8][9] - Adjusted net income decreased to $6.0 million or $1.31 per diluted share from $7.1 million or $1.55 per diluted share year-over-year [8][27] - Gross profit increased by 6% to $25.7 million compared to $24.3 million in the same period last year [6] Operational Metrics - Selling, general, and administrative (SG&A) expenses rose to $16.2 million from $13.9 million in the prior year, with SG&A as a percentage of gross billings increasing to 3.2% from 3.0% [7] - Adjusted EBITDA for Q3 2025 was $10.9 million, slightly down from $11.1 million in Q3 2024, reflecting a decrease in effective margin to 42.3% from 45.7% [10] - Cash and cash equivalents increased to $49.8 million as of September 30, 2025, compared to $29.8 million at the end of 2024 [11] Management Outlook - The CEO highlighted ongoing strategic initiatives, including a focus on acquisitions and expansion into European markets, to enhance offerings and market presence [3] - The company aims to leverage its robust balance sheet and track record of accretive M&A to achieve record results by the end of 2025 [3]
Climb Channel Solutions Announces North American Partnership with Halcyon
Globenewswire· 2025-10-28 11:00
EATONTOWN, N.J., Oct. 28, 2025 (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 Halcyon, the leading anti-ransomware solution provider. The partnership expands Halcyon’s reach across thousands of value-added resellers (VARs) and managed service providers (MSPs), making it easier for organizations of all sizes to access purpose-built ransomwar ...
Should You Invest in Climb Global Solutions (CLMB)?
Yahoo Finance· 2025-10-22 12:58
Core Insights - Conestoga Capital Advisors reported strong equity market performance in Q3 2025, with their Micro-Cap Composite returning 11.7% net-of-fees, while the Russell Microcap Growth Index returned 19.9% [1] Company Overview - Climb Global Solutions, Inc. (NASDAQ:CLMB) is a value-added IT distribution and solutions company, focusing on emerging and cloud-based technologies [2][3] - The company operates with a focused lineup of under 100 brands, serving approximately 7,000 customers across North America and Western Europe [3] Financial Performance - Climb Global Solutions, Inc. reported a one-month return of -6.59% and a 52-week gain of 24.54%, with shares closing at $129.96 and a market capitalization of $600.052 million as of October 21, 2025 [2] - In Q2 2025, the company achieved net sales of $159.3 million, a significant increase from $92.1 million in Q2 2024 [4] Growth Potential - The company is experiencing organic revenue growth of 13-15%, with 80% of its revenue being recurring [3] - More than half of Climb Global Solutions' revenue comes from security software, an area expected to see continued growth due to increasing threats from artificial intelligence [3] Hedge Fund Interest - Climb Global Solutions, Inc. was held by 13 hedge fund portfolios at the end of Q2 2025, an increase from 9 in the previous quarter [4]
Halcyon Expands North American Reach Through New Distribution Partnership with Climb Channel Solutions
Prnewswire· 2025-10-20 13:00
AUSTIN, Texas, Oct. 20, 2025 /PRNewswire/ -- Halcyon, the leading anti-ransomware solution provider, today announced a new North American distribution partnership with Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions (NASDAQ: CLMB). The partnership expands Halcyon's reach across thousands of value-added resellers (VARs) and managed service providers (MSPs), making it easier for organizations of all sizes to access purpose-built ...
Climb Global Solutions Sets Third Quarter 2025 Conference Call for October 30, 2025 at 8:30 a.m. ET
Globenewswire· 2025-10-16 12:30
Core Points - Climb Global Solutions, Inc. will host a conference call on October 30, 2025, at 8:30 a.m. Eastern time to discuss its Q3 2025 financial results [1][2] - The results will be reported in a press release prior to the call [1] - Interested parties can submit questions via email before the call [2] Company Overview - Climb Global Solutions, Inc. is a value-added global IT distribution and solutions company specializing in emerging and innovative technologies [4] - The company operates across the U.S., Canada, and Europe through multiple business units, including Climb Channel Solutions, Grey Matter, and Climb Global Services [4] - Climb provides IT distribution and solutions for various industries, including Security, Data Management, Connectivity, Storage & HCI, Virtualization & Cloud, and Software & ALM [4]
Climb Channel Solutions named as one of “America's Greatest Companies 2025” by Newsweek
Globenewswire· 2025-10-02 12:51
-Flying the channel flag - Climb is the only global technology and IT distributor named on the list- -Climb named alongside Oracle, NVIDIA, Amazon, Microsoft and many more- EATONTOWN, N.J., Oct. 02, 2025 (GLOBE NEWSWIRE) -- Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB)… today announced it has been included in the inaugural 2025 America’s Greatest Companies list, published by Newsweek. Newsweek and Plant-A ...
Climb Channel Solutions Launches North American Partnership with Binary Defense to Deliver Attacker-Minded MDR Solutions
Globenewswire· 2025-10-01 11:00
Core Insights - Climb Channel Solutions has announced a strategic partnership with Binary Defense to enhance cybersecurity offerings for resellers [1][2] - The collaboration aims to provide proactive, intelligence-driven security solutions to Climb's partner ecosystem, focusing on Managed Detection and Response (MDR) services [2][3] Company Overview - Climb Channel Solutions is a global specialty technology distributor that focuses on various sectors including Security, Data Management, and Cloud solutions [5] - Climb is committed to a data-driven approach to distribution, aiming to bring emerging technologies to market faster and support partner growth [5] Partnership Details - The partnership combines Binary Defense's expertise in MDR with Climb's extensive channel reach, aiming to improve security outcomes and accelerate partner growth [2][3] - Binary Defense's approach involves anticipating adversaries' tactics to proactively close security gaps, which is particularly critical against threats like ransomware [3][4] Strategic Goals - The collaboration seeks to equip partners with necessary tools, training, and support to deliver high-value security services [2][3] - Climb's CEO emphasized the importance of solutions that not only provide alerts but also actively reduce risk for clients [4]
CLMB: There Is More Room To Run
Seeking Alpha· 2025-09-29 03:54
Core Insights - Climb Global Solutions, Inc. (NASDAQ: CLMB) has experienced a year-to-date increase of 4.6% and has shown strong momentum over the past two months [1] - The company has consistently exceeded both earnings and revenue estimates significantly for the past three quarters, indicating robust financial performance [1] Company Performance - CLMB has demonstrated strong earnings performance, beating estimates by a considerable margin in recent quarters [1] - The company is showing signs of strong growth potential, which may attract investor interest [1] Market Focus - The analysis includes a focus on foreign stocks, particularly within the Nordic market, as well as growth stocks in the U.S. market [1] - The goal is to uncover undervalued opportunities and explore unique business models that may lead to long-term expansion [1]
History says buy small-cap stocks after Fed's 25 bps rate cut on Wednesday
Invezz· 2025-09-17 18:51
Core Viewpoint - The US Federal Reserve has implemented a 25 basis points reduction in its benchmark interest rate, marking the first rate cut since December 2024 [1] Group 1 - The decision to lower the interest rate reflects the Fed's response to economic conditions and aims to support growth [1] - The CME FedWatch Tool indicated market expectations for this rate cut prior to the announcement, showcasing investor sentiment [1]
Climb Channel Solutions Announces North American Distribution Partnership with Forcepoint to Deliver Data Security Everywhere
Globenewswire· 2025-09-03 11:00
Core Insights - Climb Channel Solutions has announced a North American Distribution Partnership with Forcepoint, a leader in data security [1] - The partnership aims to combine Climb's channel expertise with Forcepoint's AI-native data security solutions to enhance data protection for organizations [2][3] Company Overview - Climb Channel Solutions is a global specialty technology distributor focusing on various sectors including Security, Data Management, and Cloud solutions [4] - The company emphasizes a data-driven approach to distribution, aiming to accelerate the market entry of emerging technologies [4] Partnership Details - The strategic alliance will enable Climb to offer Forcepoint's intelligent, adaptive data security solutions to a broader range of resellers and customers across North America [2][3] - Forcepoint's platform is designed to automatically protect sensitive data across multiple channels, enhancing security in an AI-driven environment [2][3] Leadership Statements - Tim Puccio from Forcepoint highlighted the need for self-aware data security that adapts to changing risks, which this partnership aims to address [3] - Dale Foster, CEO of Climb, expressed excitement about the partnership, noting its alignment with the evolving needs of enterprises for smarter security solutions [3]