earnings
confidence high
sentiment positive
materiality 0.80
Wayside Tech Q4 2021 EPS $0.78, up 36% YoY; FY net income doubles to $9.2M; declares $0.17 dividend
Climb Global Solutions, Inc.
- Q4 net sales $75.5M (+6% YoY); gross profit $12.6M (+20%); net income $3.4M ($0.78 EPS) vs $2.5M ($0.58 EPS).
- FY net sales $282.6M (+12%); net income $9.2M ($2.09 EPS), more than doubled; adjusted EBITDA $15.5M (+36%).
- Board declared quarterly dividend $0.17/share, payable March 18, 2022 to holders of record March 14.
- CEO cites strong organic growth and successful integration of CDF acquisition; new vendor additions and NCPA partnership for 2022.
- Company remains debt-free with $29.3M cash at year-end; no borrowings under $20M or £8M credit facilities.