Q2 net income doubles to $3.4M; acquires education distributor DSS for ~$20.3M

Climb Global Solutions, Inc.

Net sales up 13% YoY to $92.1M; adjusted gross billings up 31% to $359.8M.
Net income more than doubles to $3.4M ($0.75 diluted EPS); adjusted EPS $0.83.
Adjusted EBITDA up 48% to $6.9M; acquisition of DSS expected to be accretive to EPS and EBITDA.
DSS acquisition price ~$20.3M plus earnout; adds 20 new vendor partners including Adobe and GoGuardian.
Quarterly dividend declared $0.17/share, payable Aug 22 to holders of record Aug 16.

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