NASDAQ$CLMB

Climb Global Solutions Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Net income and adjusted EBITDA increased, driven by improved profitability.

Wayside Technology Group reported improved profitability in Q2 2022, with net income up 56% to $2.8 million and adjusted EBITDA up 27% to $4.5 million. Gross profit also increased by 14%.

  • Net sales were $67.9 million compared to $75.4 million.
  • Adjusted gross billings increased 3% to $241.8 million.
  • Gross profit increased 14% to $12.5 million.
  • Net income increased 56% to $2.8 million or $0.63 per diluted share.

Headline financials

Total Revenue

$67.9M

Previous: $75.4M-9.9%
EPS (adj)

$0.63

Previous: $0.49+28.6%
Free Cash Flow

$2.79M

Previous: $2.14M+30.2%
Net Income

$2.79M

Previous: $2.14M+30.2%
Operating Income

$4.11M

Previous: $2.44M+68.1%
Gross Profit

$12.5M

Previous: $11M+13.7%
Cash & Equivalents

$29.3M

Previous: $23.8M+23.3%
Total Assets

$179M

Previous: $170M+5.4%
Stock-Based Comp

$345K

Previous: $337K+2.4%

Revenue & EPS history

Climb Global Solutions · Revenue · Quarterly

$67.9M

Q2 2022-9.9%vs Q2 2021
Beat estimate in 7 of 13 quarters(54%)
ActualEstimate

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 Q2 2022

Historical avgQ2 2022

+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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