Climb Global Solutions, Inc. (CLMB)

NASDAQ: CLMB · IEX Real-Time Price · USD
59.94
+2.88 (5.05%)
Jun 24, 2024, 4:00 PM EDT - Market closed
5.05%
Market Cap 274.83M
Revenue (ttm) 359.40M
Net Income (ttm) 11.73M
Shares Out 4.59M
EPS (ttm) 2.58
PE Ratio 23.23
Forward PE 25.77
Dividend $0.68 (1.13%)
Ex-Dividend Date May 10, 2024
Volume 33,025
Open 57.50
Previous Close 57.06
Day's Range 56.87 - 60.00
52-Week Range 37.67 - 73.25
Beta 0.94
Analysts Buy
Price Target 68.00 (+13.45%)
Earnings Date Jul 31, 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 $68.0.

Price Target
$68.0
(13.45% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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)...

11 days 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),...

5 weeks ago - GlobeNewsWire

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

7 weeks 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...

2 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...

2 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...

2 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...

3 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...

3 months 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...

4 months 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

4 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...

4 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)...

4 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, ...

5 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)...

5 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)...

6 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)...

7 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...

7 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...

7 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 ...

7 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)...

7 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)...

7 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)...

8 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)...

8 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...

8 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)...

8 months ago - GlobeNewsWire