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Jun 30, 2021
Climb Global Solutions Q2 2021 Earnings Report
Wayside Technology Group reported strong second-quarter results, driven by strategic growth and successful acquisitions.
Key Takeaways
Wayside Technology Group reported a 33% increase in net sales, reaching $75.4 million, and a 68% increase in Adjusted EBITDA, reaching $3.5 million, driven by organic growth initiatives and successful integration of acquisitions.
Net sales increased 33% to $75.4 million.
Adjusted gross billings increased 48% to $235.1 million.
Gross profit increased 54% to a record $11.0 million.
Net income increased approximately 4x to $2.1 million or $0.49 per diluted share.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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