NASDAQ$CLMB

Climb Global Solutions Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Net sales increased, gross profit increased, and adjusted EBITDA increased.

Wayside Technology Group reported strong Q1 2020 results with a 40% increase in net sales to $62.6 million and a 13% increase in gross profit to $8.2 million. Adjusted EBITDA also saw a significant rise, increasing by 38% to $3.1 million. The company's performance was driven by strong end-market demand and strategic investments, despite the onset of the COVID-19 pandemic.

  • Net sales increased 40% to $62.6 million.
  • Gross profit increased 13% to $8.2 million.
  • Adjusted EBITDA increased 38% to $3.1 million.
  • Net income was $0.8 million or $0.18 per share.

Headline financials

Total Revenue

$62.6M

Previous: $44.9M+39.6%
EPS (adj)

$0.48

Previous: $0.32+50.0%
Free Cash Flow

$836K

Previous: $1.46M-42.9%
Net Income

$836K

Previous: $1.46M-42.9%
Operating Income

$938K

Previous: $1.72M-45.4%
Gross Profit

$8.16M

Previous: $7.23M+12.9%
Cash & Equivalents

$11.6M

Previous: $14.1M-17.6%
Total Assets

$130M

Previous: $111M+16.8%
Stock-Based Comp

$167K

Previous: $165K+1.2%

Revenue & EPS history

Climb Global Solutions · Revenue · Quarterly

$62.6M

Q1 2020+39.6%vs Q1 2019

Forward guidance

Wayside Technology Group expects to leverage its scale to continue meeting the needs of its vendors and customers and flowing through a significant portion of its gross profit growth to the bottom line in 2020.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+2.0%

Avg return

Earnings day

+2.0%

Avg return

5 days after

+4.3%

Avg return

30 days after

58%

38 / 65 earnings

Positive

+19.4%

Q4 2022

Best reaction

-21.9%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-21.6%-7.4%+1.3%
Q4 2025-2.2%-3.9%-15.7%
Q3 2025-7.7%-15.1%-24.3%
Q1 2025-4.5%+1.0%+4.5%
Q4 2024+12.8%+1.8%-16.4%
Q3 2024-3.7%+1.6%+26.6%
Q2 2024+18.8%+27.3%+46.4%
Q1 2024-8.3%-9.4%-10.7%
Q4 2023+13.3%+11.5%+18.1%
Q3 2023-5.5%-4.6%+8.9%
Q2 2023-21.9%-20.5%-12.4%
Q1 2023+2.6%+6.9%+6.7%
Q4 2022+19.4%+23.3%+34.1%
Q3 2022-0.8%-1.4%+2.3%
Q2 2022-1.5%+0.4%-7.9%
Q1 2022+1.9%-0.7%+9.4%
Q4 2021+11.2%+4.3%+14.1%
Q3 2021+7.6%+3.6%+11.2%
Q2 2021+15.3%+9.1%+6.4%
Q1 2021-0.6%+0.3%+16.6%
Q4 2020+18.2%+21.9%+22.6%
Q3 2020-10.6%-11.6%-16.1%
Q2 2020-16.0%-15.3%-1.2%
Q1 2020+15.7%+20.5%+58.4%
Q4 2019+15.2%+11.6%-23.3%
Q3 2019-8.6%-7.8%-0.5%
Q2 2019+9.2%+14.8%+25.9%
Q1 2019-0.7%-2.9%-10.8%
Q4 2018+11.1%+10.7%+6.6%
Q3 2018+3.7%-0.6%-10.6%
Q2 2018-5.2%-8.5%-11.4%
Q1 2018+2.9%+3.3%+2.5%
Q4 2017+10.2%+10.9%+1.8%
Q3 2017-2.9%-3.1%+9.8%
Q2 2017-2.2%-6.1%-14.4%
Q1 2017+7.2%+3.6%+4.1%
Q4 2016+9.0%+7.2%+10.2%
Q3 2016+1.5%+0.0%-0.3%
Q2 2016+0.1%-0.3%-3.7%
Q1 2016-0.8%
Q4 2015-8.2%
Q3 2015+4.0%
Q2 2015+1.3%
Q1 2015+2.7%
Q4 2014-3.6%
Q3 2014+0.2%
Q2 2014-1.0%
Q1 2014-12.7%
Q4 2013+6.8%
Q3 2013+1.3%
Q2 2013+3.3%
Q1 2013+2.8%
Q4 2012-0.3%
Q3 2012-1.3%
Q2 2012-0.8%
Q1 2011+2.3%
Q1 2012+1.3%
Q4 2009+0.8%
Q4 2011+0.8%
Q3 2011+1.4%
Q3 2010+1.4%
Q2 2011+15.1%
Q4 2010+15.1%
Q2 2010+15.1%
Q1 2010-0.3%

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