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Wednesday, July 30, 2025 4:14:41 PM
CLMB...↗️👍Earnings in...Climb knocks it out of the ballpark!!!...
Climb Global Solutions Reports Second Quarter 2025 Results
Climb Global Solutions, Inc.
Net Sales up 73% to $159.3 Million; Net Income up 74% to $6.0 Million or $1.30 per Share; Adjusted EBITDA (non-GAAP) up 64% to $11.4 Million
EATONTOWN, N.J., July 30, 2025 (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, is reporting results for the second quarter ended June 30, 2025.
Second Quarter 2025 Summary vs. Same Year-Ago Quarter
Net sales increased 73% to $159.3 million.
Net income increased 74% to $6.0 million or $1.30 per diluted share.
Adjusted net income (a non-GAAP financial measure defined below) increased 68% to $6.4 million or $1.39 per diluted share.
Adjusted EBITDA (a non-GAAP financial measure defined below) increased 64% to $11.4 million.
Gross billings (a key operational metric defined below) increased 39% to $500.6 million. Distribution segment gross billings increased 40% to $477.0 million, and Solutions segment gross billings increased 19% to $23.5 million.
https://finance.yahoo.com/news/climb-global-solutions-reports-second-200500933.html
Climb Global Solutions Reports Second Quarter 2025 Results
Climb Global Solutions, Inc.
Net Sales up 73% to $159.3 Million; Net Income up 74% to $6.0 Million or $1.30 per Share; Adjusted EBITDA (non-GAAP) up 64% to $11.4 Million
EATONTOWN, N.J., July 30, 2025 (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, is reporting results for the second quarter ended June 30, 2025.
Second Quarter 2025 Summary vs. Same Year-Ago Quarter
Net sales increased 73% to $159.3 million.
Net income increased 74% to $6.0 million or $1.30 per diluted share.
Adjusted net income (a non-GAAP financial measure defined below) increased 68% to $6.4 million or $1.39 per diluted share.
Adjusted EBITDA (a non-GAAP financial measure defined below) increased 64% to $11.4 million.
Gross billings (a key operational metric defined below) increased 39% to $500.6 million. Distribution segment gross billings increased 40% to $477.0 million, and Solutions segment gross billings increased 19% to $23.5 million.
https://finance.yahoo.com/news/climb-global-solutions-reports-second-200500933.html
The information posted by 2morrowsGains is opinion only and should not to be taken as investment advice.
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