Climb Global Solutions, Inc. (CLMB)

NASDAQ: CLMB · IEX Real-Time Price · USD
65.64
+0.09 (0.14%)
Apr 19, 2024, 4:00 PM EDT - Market closed
0.14%
Market Cap 299.82M
Revenue (ttm) 352.01M
Net Income (ttm) 12.32M
Shares Out 4.57M
EPS (ttm) 2.72
PE Ratio 24.13
Forward PE 22.04
Dividend $0.68 (1.04%)
Ex-Dividend Date Mar 8, 2024
Volume 8,642
Open 64.70
Previous Close 65.55
Day's Range 63.25 - 65.64
52-Week Range 37.67 - 73.25
Beta 0.95
Analysts Buy
Price Target 76.00 (+15.78%)
Earnings Date May 1, 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 342
Stock Exchange NASDAQ
Ticker Symbol CLMB
Full Company Profile

Financial Performance

In 2023, CLMB's revenue was $352.01 million, an increase of 15.66% compared to the previous year's $304.35 million. Earnings were $12.32 million, a decrease of -1.39%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for CLMB stock is "Buy" and the 12-month stock price forecast is $76.0.

Price Target
$76.0
(15.78% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

1 day 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...

17 days 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...

25 days 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...

6 weeks ago - GlobeNewsWire

Climb Global Solutions Reports Fourth Quarter and Full Year 2023 Results

Q4 2023 Net Sales, Net Income, Adjusted EBITDA  and EPS Increase to Record Levels FY 2023 Net Sales Increased 16% to a Record $352.0 Million with Net Income of $12.3 Million or $2.72 per Share; FY Adj...

7 weeks ago - GlobeNewsWire

Climb Channel Solutions and Global Technologies Join Forces

Setting The Stage for Diversity and Inclusion in the Emerging IT Distribution Marketplace Setting The Stage for Diversity and Inclusion in the Emerging IT Distribution Marketplace

2 months ago - GlobeNewsWire

Climb Global Solutions Sets Fourth Quarter and Full Year 2023 Conference Call for February 29, 2024 at 8:30 a.m. ET

EATONTOWN, N.J., Feb. 15, 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 Worldwide Partnership with Panzura

EATONTOWN, N.J., Feb. 15, 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

Wasabi Partner Network Awards Honors Climb Channel Solutions

Climb Channel Solutions awarded Distributor of the Year, North America and EMEA, as well as Climb employee awarded MVP Climb Channel Solutions awarded Distributor of the Year, North America and EMEA, ...

3 months ago - GlobeNewsWire

Climb Channel Solutions Announces Expanded Partnership with Jamf to Offer Apple Device Management and Protection to US Reseller Partners

EATONTOWN, N.J., Jan. 10, 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 the Launch of a New Partnership with DNSFilter in North America

EATONTOWN, N.J., Dec. 19, 2023 (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

GFI Software Approved on Climb Channel Solutions' GSA IT-70 Contract

EATONTOWN, N.J., Dec. 07, 2023 (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 Channel Solutions Expands Malwarebytes Partnership to North America, Providing MSPs and Resellers with Award-Winning Endpoint Security

Climb Channel Solutions resellers now have access to Malwarebytes' ThreatDown Endpoint Detection and Response and ThreatDown Managed Detection and Response to Streamline Security Climb Channel Solutio...

5 months ago - GlobeNewsWire

Climb Global Solutions to Participate at the Sidoti Small Cap Conference on December 7

EATONTOWN, N.J., Nov. 28, 2023 (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

Security Compass Names Climb Channel Solutions Choice Distributor

Climb Channel Solutions is proud to be adding applications security offerings to their solutions stack Climb Channel Solutions is proud to be adding applications security offerings to their solutions ...

5 months ago - GlobeNewsWire

Climb Channel Solutions Recognized as a 2023 CDW Partner of the Year

EATONTOWN, N.J., Nov. 15, 2023 (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 Kiteworks, Expanding Its Offerings to Include the Kiteworks-enabled Private Content Network

EATONTOWN, N.J., Nov. 14, 2023 (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 Authorized GitLab Distributor Partnership in North America

EATONTOWN, N.J., Nov. 09, 2023 (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 Appoints Kim Stevens to Lead World-Wide Marketing

EATONTOWN, N.J., Nov. 06, 2023 (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 Global Solutions Sets Third Quarter 2023 Conference Call for November 2, 2023 at 8:30 a.m. ET

EATONTOWN, N.J., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Climb Global Solutions, Inc. (NASDAQ:CLMB) (“Climb” or the “Company”), a value-added global IT channel company providing unique sales and distributio...

6 months ago - GlobeNewsWire

Climb's Technical Division, Cloud Know How, Rebrands to Climb Global Services

EATONTOWN, N.J., Oct. 19, 2023 (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

Climb Global Solutions to Acquire Leading Ireland and UK IT Distributor, DataSolutions Holdings Limited

Acquisition expands Climb's reach in Ireland and the UK, while strengthening Product Offerings in Digital Workspace, Networking, Hybrid Multi-Cloud, and Cyber Security Acquisition expands Climb's reac...

6 months ago - GlobeNewsWire

Climb Global Solutions to Participate at the H.C. Wainwright Global Investment Conference on September 11

EATONTOWN, N.J., Aug. 16, 2023 (GLOBE NEWSWIRE) -- Climb Global Solutions, Inc. (NASDAQ:CLMB) (“Climb” or the “Company”), a value-added global IT channel company providing unique sales and distributio...

8 months ago - GlobeNewsWire

Climb Global Solutions Reports Second Quarter 2023 Results

Net Sales Up 20% YoY to $81.7 Million Ninth Consecutive Quarter of Profitability Improvements EATONTOWN, N.J., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Climb Global Solutions, Inc. (NASDAQ:CLMB) (“Climb” or ...

9 months ago - GlobeNewsWire

Climb Global Solutions Sets Second Quarter 2023 Conference Call for August 3, 2023 at 8:30 a.m. ET

EATONTOWN, N.J., July 13, 2023 (GLOBE NEWSWIRE) -- Climb Global Solutions, Inc. (NASDAQ:CLMB) (“Climb” or the “Company”), a value-added global IT channel company providing unique sales and distributio...

10 months ago - GlobeNewsWire