About Rocky Mountain Chocolate Factory, Inc. DURANGO, Colo., June 05, 2024 (GLOBE NEWSWIRE) -- Rocky Mountain Chocolate Factory Inc. (NASDAQ:RMCF) (the "Company", "we", or "RMCF"), an international franchisor and producer of premium chocolates and other confectionery products including gourmet caramel apples, today announced that as a result of Jeff Geygan's recent appointment to Interim-CEO, he has yielded his position as Chair of the Board of Directors ("Board"), in accordance with the Company's governanc ...

EATONTOWN, N.J., May 14, 2024 (GLOBE NEWSWIRE) -- Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ:CLMB), announced Monday, May 13, 2024 that CRN®, a brand of The Channel Company, has named seven women at Climb Channel Solutions to the Women of the Channel list for 2024 and the Climb VP of Marketing Worldwide to the 2024 Women of the Channel Power 100, an elite subset of prominent leaders selected from the CRN® 202 ...

Luis AlvarezIntroduction This year I have been conducting screens based on the criteria outlined in Chris Mayer’s classic 100 Baggers. I’m looking for very small companies with high profitability, impressive growth rates, solid balance sheets, and reasonable valuations. Climb Global Solutions (NASDAQ:CLMB) came to my attention because it fit those criteria. The company, with a market cap under $500 million, is ignored by institutional investors. Only one analyst covers the stock and only three funds ha ...

Climb Global Solutions, Inc. (NASDAQ:CLMB) Q1 2024 Earnings Conference Call May 2, 2024 8:30 AM ET Company Participants Sean Mansouri - IR Advisor, Elevate IR Dale Foster - CEO Andrew Clark - CFO Conference Call Participants Vincent Colicchio - Barrington Research Howard Root - Private Investor Bill Dezellem - Tieton Capital Operator Good morning, everyone, and thank you for participating in today's Conference Call to discuss Climb Global Solutions Financial Results for the First Quarter ended March 31, 202 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Delaware 13-3136104 (State or other jurisdiction of (I.R.S. Employer Identification No.) incorporation or organization) Title of each class: Trading Symbol Name of each exchange on which registered: Common stock, $.01 par value per share CLMB The Nasdaq Global Market Large Accelerated Filer ☐ No ☒ There were 4,585,131 outstanding shares of common stock, par value $.01 per share ("Common Stock") as of May 2, 2024. Table of Contents Page ...

Financial Performance - Q1 2024 net sales increased 9% year-over-year to $92.4 million, up from $85.0 million in Q1 2023[3][23] - Adjusted gross billings rose 16% to $355.3 million compared to $306.7 million in the same period last year[3][23] - Gross profit for Q1 2024 was $17.0 million, a 12% increase from $15.2 million in Q1 2023[6] - Net income decreased to $2.7 million or $0.60 per diluted share, down from $3.3 million or $0.74 per diluted share in Q1 2023[3][7] - Adjusted EBITDA for Q1 2024 was $5.5 million, slightly down from $5.7 million in the prior year[3][25] - Net sales for the three months ended March 31, 2024, increased to $92,422 million, up from $85,040 million for the same period in 2023, representing a growth of approximately 5.1%[38] - Gross profit for the same period rose to $17,020 million, compared to $15,209 million in the prior year, reflecting an increase of about 11.9%[38] - Net income decreased to $2,731 million for the three months ended March 31, 2024, down from $3,324 million in 2023, a decline of approximately 17.8%[40] - Adjusted EBITDA for the three months ended March 31, 2024, was $5,538 million, slightly down from $5,681 million in the same period last year, a decrease of about 2.5%[40] Expenses and Costs - SG&A expenses increased to $12.5 million, with DataSolutions contributing $1.1 million to the rise[24] - Total selling, general, and administrative expenses increased to $13,517 million, compared to $10,976 million in the prior year, marking a rise of approximately 23.2%[38] - Interest expense for the three months ended March 31, 2024, was $101 million, significantly higher than $28 million in the same period of 2023[40] - Provision for income taxes was $890 million for the three months ended March 31, 2024, down from $1,065 million in the previous year, a decrease of about 16.4%[40] Cash and Dividends - Cash and cash equivalents as of March 31, 2024, were $43.6 million, up from $36.3 million at the end of 2023[8] - A quarterly dividend of $0.17 per share was declared, payable on May 17, 2024[22] - Dividends paid per common share remained unchanged at $0.17 for both periods[38] Future Outlook - The company plans to remain active in M&A to enhance offerings and expand presence in North America and overseas[21] - The company expects to return to growth with key vendors in the second half of the year[4] Adjusted Metrics - Adjusted gross billings (Non-GAAP) for the three months ended March 31, 2024, reached $355,269 million, up from $306,712 million in 2023, an increase of approximately 15.8%[39] - Weighted average common shares outstanding remained stable at 4,438 million for both basic and diluted shares[38]

EATONTOWN, N.J., April 25, 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 a new partnership with Automox, a leading cloud-native IT automation endpoint management solution, now available to their North American partners. With the addition of Automox, Climb partners can provide customers the capabilities to save time, eliminate risk, and automate the patching ...

EATONTOWN, N.J., April 18, 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, May 2, 2024 at 8:30 a.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2024. The Company's results will be reported in a press release prior to the call. Climb's management will host th ...

Investors looking for stocks in the Technology Services sector might want to consider either Futu Holdings Limited Sponsored ADR (FUTU) or Climb Global Solutions (CLMB) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings es ...

Our basic and diluted earnings per share are computed using the two-class method. The twoclass method is an earnings allocation method that determines net income per share for each class of common stock and participating securities according to their participation rights in dividends and undistributed earnings or losses. Non-vested restricted stock awards that include non-forfeitable rights to dividends are considered participating securities. Per share amounts are computed by dividing net income available ...