NASDAQ$CLMB
Climb Global Solutions Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Climb Global Solutions' Q4 2023 performance demonstrated record levels in net sales, net income, adjusted EBITDA, and EPS, driven by core initiatives and the integration of DataSolutions.
Climb Global Solutions reported a strong Q4 2023 with record levels in net sales, net income, adjusted EBITDA, and EPS. Net sales increased by 20% to $106.8 million, net income increased by 10% to $5.2 million, and adjusted EBITDA increased by 24% to $9.2 million. The results were driven by organic growth and the acquisition of DataSolutions.
- Net sales increased 20% to $106.8 million.
- Adjusted gross billings increased 24% to $397.0 million.
- Net income increased 10% to $5.2 million or $1.15 per diluted share.
- Adjusted EBITDA increased 24% to $9.2 million.
Headline financials
Revenue & EPS history
Climb Global Solutions · Revenue · Quarterly
$107M
Forward guidance
Climb Global Solutions will leverage global infrastructure to drive organic growth while executing M&A initiatives to expand geographic footprint, service, and solution offerings. The company is well-positioned to continue driving shareholder value with a robust balance sheet, a growing pipeline of prospective vendors, and a demonstrated track record of accretive M&A.
Tailwinds
- Leverage global infrastructure to drive organic growth.
- Execute M&A initiatives to expand geographic footprint.
- Expand service and solution offerings.
- Robust balance sheet.
- Growing pipeline of prospective vendors.
Headwinds
- Ability to recognize the anticipated benefits of the acquisition of DataSolutions
- The continued acceptance of the Company’s distribution channel by vendors and customers
- The timely availability and acceptance of new products
- Product mix, market conditions, competitive pricing pressures
- The successful integration of acquisitions
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 Q4 2023
+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
| Quarter | Report date | Reaction (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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