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Sep 30, 2023
Climb Global Solutions Q3 2023 Earnings Report
Climb Global Solutions reported results for the third quarter of 2023, marking the tenth consecutive quarter of year-over-year profitability improvements, with net sales and adjusted gross billings increasing.
Key Takeaways
Climb Global Solutions reported a 3% increase in net sales to $78.5 million and a 6% increase in net income to $2.4 million, or $0.52 per diluted share, for the third quarter of 2023. Adjusted gross billings increased by 7% to $281.9 million, and adjusted EBITDA increased by 2% to $5.1 million.
Net sales increased 3% to $78.5 million.
Adjusted gross billings increased 7% to $281.9 million.
Net income increased 6% to $2.4 million or $0.52 per diluted share.
Adjusted EBITDA increased 2% to $5.1 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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