earnings
confidence high
sentiment neutral
materiality 0.65
Climb Global Q2 net sales +9% to $174.2M; diluted EPS $0.30 vs $0.33 YoY
Climb Global Solutions, Inc.
- Gross billings up 17% to $587.3M; distribution segment billings +18% to $562.9M.
- Gross profit +15% to $30.2M; adjusted EBITDA $11.3M vs $11.4M in prior year.
- SG&A rose to $20.7M from $16.4M, driven by Interworks acquisition and higher variable comp.
- Cash and equivalents $56.6M; no outstanding debt; $50M revolver undrawn.
- CEO targets more than doubling FY2025 adjusted EBITDA by 2030; Europe remains key focus.