Climb Global Solutions Q1 2024 Earnings Report

Climb Global Solutions EPS Results

• Actual EPS: $0.60
• Consensus EPS: $0.75
• Beat/Miss: Missed by -$0.15
• One Year Ago EPS: $0.74

Climb Global Solutions Revenue Results

• Actual Revenue: $92.42 million
• Expected Revenue: $105.44 million
• Beat/Miss: Missed by -$13.02 million
• YoY Revenue Growth: N/A

Climb Global Solutions Announcement Details

• Quarter: Q1 2024
• Date: 5/1/2024
• Time: After Market Closes

Climb Global Solutions (NASDAQ:CLMB) Inc. operates as a value-added information technology (IT) distribution and solutions company in the United States, Canada, Europe, the United Kingdom, and internationally. It operates in two segments, Distribution and Solutions. The company distributes technical software to corporate and value-added resellers, consultants, and systems integrators under the name Climb Channel Solutions; and provides cloud solutions and resells software, hardware, and services under the name Grey Matter. It also resells computer software and hardware developed by others, as well as provides technical services to end user customers. In addition, the company offers a line of products from various software vendors; and tools for virtualization/cloud computing, security, networking, storage and infrastructure management, application lifecycle management, and other technically sophisticated domains, as well as computer hardware. It markets its products through its own web sites, local and on-line seminars, events, webinars, and social media, as well as direct email and printed materials. The company was formerly known as Wayside Technology Group, Inc. and changed its name to Climb Global Solutions Inc. in October 2022. Climb Global Solutions Inc. was incorporated in 1982 and is headquartered in Eatontown, New Jersey.