Climb Global Solutions, Inc. (CLMB)

NASDAQ: CLMB · Real-Time Price · USD
124.60
+0.22 (0.18%)
Dec 20, 2024, 4:00 PM EST - Market closed
0.18%
Market Cap 557.92M
Revenue (ttm) 410.63M
Net Income (ttm) 16.43M
Shares Out 4.48M
EPS (ttm) 3.68
PE Ratio 33.82
Forward PE 28.02
Dividend $0.68 (0.55%)
Ex-Dividend Date Nov 8, 2024
Volume 44,759
Open 121.33
Previous Close 124.38
Day's Range 118.25 - 127.75
52-Week Range 48.67 - 142.50
Beta 1.12
Analysts Buy
Price Target 136.00 (+9.15%)
Earnings Date Oct 30, 2024

About CLMB

Climb Global Solutions Inc. operates as a value-added information technology (IT) distribution and solutions company in the United States, Canada, Europe, the United Kingdom, and internationally. It operates in two segments, Distribution and Solutions. The company distributes technical software to corporate and value-added resellers, consultants, and systems integrators under the name Climb Channel Solutions; and provides cloud solutions and resells software, hardware, and services under the name Grey Matter. It also resells computer software a... [Read more]

Sector Technology
Founded 1982
Employees 365
Stock Exchange NASDAQ
Ticker Symbol CLMB
Full Company Profile

Financial Performance

In 2023, Climb Global Solutions's revenue was $352.01 million, an increase of 15.66% compared to the previous year's $304.35 million. Earnings were $12.00 million, a decrease of -1.48%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for CLMB stock is "Buy" and the 12-month stock price forecast is $136.0.

Price Target
$136.0
(9.15% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Scality and Climb Channel Solutions Partner to Reimagine Distribution for AI and Cyber-resilient Storage Software

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)...

16 days ago - GlobeNewsWire

Climb Global Solutions, Inc. (CLMB) Q3 2024 Earnings Call Transcript

Climb Global Solutions, Inc. (NASDAQ:CLMB) Q3 2024 Earnings Call October 31, 2024 8:30 AM ET Company Participants Sean Mansouri - Investor Relations Dale Foster - Chief Executive Officer Drew Clark -...

7 weeks ago - Seeking Alpha

Climb Channel Solutions Launches NA Partnership with Software Management Platform Vendor, FinQuery

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)...

2 months ago - GlobeNewsWire

Climb Global Solutions Sets Third Quarter 2024 Conference Call for October 31, 2024 at 8:30 a.m. ET

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 distributio...

2 months ago - GlobeNewsWire

Climb Channel Solutions Launches Bluebeam in LATAM Territory

EATONTOWN, N.J., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB)...

2 months ago - GlobeNewsWire

Climb Channel Solutions Announces A-LIGN, Security and Compliance Partner, as Global Contract

EATONTOWN, N.J., Sept. 25, 2024 (GLOBE NEWSWIRE) -- Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB...

3 months ago - GlobeNewsWire

Climb Channel Solutions Announces Keyfactor as New North American Channel Partner

Partnership will expand reach of best-in-class PKI and certificate solutions throughout North America Partnership will expand reach of best-in-class PKI and certificate solutions throughout North Amer...

3 months ago - GlobeNewsWire

Climb Channel Solutions Announces the Launch of MSP360 Partnership in North America

EATONTOWN, N.J., Aug. 20, 2024 (GLOBE NEWSWIRE) -- Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB)...

4 months ago - GlobeNewsWire

Climb Global Solutions: Q2, Returning To Earnings Growth Momentum (Rating Downgrade)

CLMB reported its Q2 results, showing solid sales momentum despite a $5.2 million revenue miss. Profitability finally took a step upwards from implemented synergies after several quarters of weakening...

4 months ago - Seeking Alpha

Climb Global Solutions, Inc. (CLMB) Q2 2024 Earnings Call Transcript

Climb Global Solutions, Inc. (NASDAQ:CLMB) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Sean Mansouri - IR Advisor, Elevate IR Dale Foster - Chief Executive Officer...

4 months ago - Seeking Alpha

Climb Global Solutions, Inc. Acquires Douglas Stewart Software & Services, LLC, Expanding Reach in North America and Strengthening Education Sector Offerings

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 innov...

4 months ago - GlobeNewsWire

Climb Global Solutions Reports Second Quarter 2024 Results and Announces Acquisition of Douglas Stewart Software & Services, LLC

Net Sales up 13% to $92.1 Million; Net Income up more than 2x to $3.4 Million or $0.75 per Share; Adjusted EBITDA up 48% to $6.9 Million

4 months ago - GlobeNewsWire

Climb Global Solutions Sets Second Quarter 2024 Conference Call for August 7, 2024 at 8:30 a.m. ET

EATONTOWN, N.J., July 23, 2024 (GLOBE NEWSWIRE) -- Climb Global Solutions, Inc. (NASDAQ:CLMB) (“Climb” or the “Company”), a value-added global IT channel company providing unique sales and distributio...

5 months ago - GlobeNewsWire

Wasabi Technologies Now Available in Climb Channel Solutions' Portfolio of GSA Offerings

EATONTOWN, N.J., July 18, 2024 (GLOBE NEWSWIRE) -- Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB)...

5 months ago - GlobeNewsWire

Climb Channel Solutions Announces Partnership with Flashpoint to Deliver Industry-Leading Threat Intelligence Solutions

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)...

6 months ago - GlobeNewsWire

CRN Recognizes 7 Employees at Climb Channel Solutions on the 2024 Women of the Channel List and Names Climb's VP of Marketing Worldwide as one of the 2024 Women of the Channel Power 100

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),...

7 months ago - GlobeNewsWire

Climb Global Solutions: Cash Can Fund Acquisitions And Double Earnings By 2026

Climb Global Solutions is a small software distributor with a market cap under $500 million that is ignored by institutional investors.

8 months ago - Seeking Alpha

Climb Global Solutions, Inc. (CLMB) Q1 2024 Earnings Call Transcript

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 Con...

8 months ago - Seeking Alpha

Climb Global Solutions Reports First Quarter 2024 Results

Q1 2024 Net Sales Up 9% YoY to $92.4 Million, with Adjusted Gross Billings Up 16% to $355.3 Million Q1 2024 Net Sales Up 9% YoY to $92.4 Million, with Adjusted Gross Billings Up 16% to $355.3 Million

8 months ago - GlobeNewsWire

Climb Channel Solutions Launches Partnership with Automox, Providing Leading Endpoint Management Solution to North American Partners

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...

8 months ago - GlobeNewsWire

Climb Global Solutions Sets First Quarter 2024 Conference Call for May 2, 2024 at 8:30 a.m. ET

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 distributi...

8 months ago - GlobeNewsWire

Scale Computing Approved on Climb Channel Solutions' OMNIA Partners/NCPA and GSA Contracts

EATONTOWN, N.J., April 02, 2024 (GLOBE NEWSWIRE) -- Climb Channel Solutions, an international specialty technology distributor and wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB...

9 months ago - GlobeNewsWire

Climb Channel Solutions Awarded NAM Distributor of the Year by Delinea

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...

9 months ago - GlobeNewsWire

Climb Global Solutions to Participate at the Sidoti Small Cap Conference on March 14

EATONTOWN, N.J., March 05, 2024 (GLOBE NEWSWIRE) -- Climb Global Solutions, Inc. (NASDAQ:CLMB) (“Climb” or the “Company”), a value-added global IT channel company providing unique sales and distributi...

10 months ago - GlobeNewsWire

Climb Global Solutions, Inc. (CLMB) Q4 2023 Earnings Call Transcript

Climb Global Solutions, Inc. (CLMB) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha