Wayside Technology Q2 net income up 56% to $2.8M; adjusted EBITDA up 27%

Climb Global Solutions, Inc.

2022-Q2 EPS reported $1.24 revenue$139,182,000

Net sales $67.9M (down 10% YoY) but adjusted gross billings up 3% to $241.8M.
Gross profit up 14% to $12.5M; diluted EPS $0.63 vs $0.41 in prior year.
Adjusted EBITDA rose 27% to $4.5M from $3.5M in Q2 2021.
Board declared quarterly dividend of $0.17 per share, payable Aug 19 to holders of record Aug 15.
Promoted Tim Popovich to President of Climb North America, adding executive depth.

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