secwatch.observer — SEC 8-K summary
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Issuer:     Climb Global Solutions, Inc. (CLMB)
CIK:        0000945983
Form:       8-K
Filed at:   2026-04-29T23:59:59+00:00
Accession:  0001437749-26-013867
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Climb Global Q1 net sales +32% to $182.4M; adj EPS $0.19 vs $0.22 YoY; dividend suspended
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- Net sales up 32% to $182.4M; gross billings up 14% to $542.8M.
- GAAP EPS $0.18; adjusted EPS $0.19 vs $0.22 prior year; adjusted EBITDA +4% to $7.9M.
- Board suspended quarterly cash dividends starting Q1 2026 to preserve capital for M&A and growth.
- Acquisition of Interworks (cloud distributor) closed Feb 24, 2026; contributed to growth.
- No debt; $41.8M cash at quarter end; $50M revolver undrawn.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/945983/000143774926013867/0001437749-26-013867-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/945983/000143774926013867/clmb20260123_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-013867

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer