secwatch.observer — SEC 8-K summary
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Issuer:     Climb Global Solutions, Inc. (CLMB)
CIK:        0000945983
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0001558370-22-007390
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wayside Technology Q1 net income up 79% to $0.61/diluted share; revenue +14% to $71.3M
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- Net sales $71.3M (+14% YoY); adjusted gross billings $238.7M (+13%).
- Net income $2.7M ($0.61 diluted EPS, +79% vs $0.35); adjusted EBITDA $4.2M (+61%).
- Quarterly dividend of $0.17/share declared, payable May 20 to holders of record May 16.
- SG&A as % of net sales improved to 12.1% from 14.0%; effective margin hit 35.5%.
- Company remains debt-free with $37M cash; actively evaluating M&A targets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/945983/000155837022007390/0001558370-22-007390-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/945983/000155837022007390/wstg-20220505x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-007390

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