Climb Global Solutions' Q3 sales surpass estimates on strong organic growth

Reuters2025-10-30
<a href="https://laohu8.com/S/CLMB">Climb Global Solutions</a>' Q3 sales surpass estimates on strong organic growth

Overview

  • Climb Global Solutions Q3 net sales grow 35% yr/yr, beating analyst expectations

  • Net income for Q3 declined yr/yr despite strong revenue growth

  • Company attributes revenue growth to organic growth and DSS acquisition

Outlook

  • Climb expects to close 2025 with record results

  • Company plans to expand presence in North America and Europe

  • Climb sees strategic acquisitions as key to future growth

Result Drivers

  • ORGANIC GROWTH - Double digit organic growth from new and existing vendors contributed to revenue increase

  • ACQUISITION IMPACT - Acquisition of Douglas Stewart Software & Services, LLC contributed to sales growth

  • NEW VENDOR SIGNINGS - Signing new, cutting-edge vendors to line card supported growth

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Net Sales

Beat

$161.34 mln

$125.30 mln (2 Analysts)

Q3 Net Income

$4.69 mln

Q3 Basic EPS

$1.02

Q3 Gross Profit

$25.73 mln

Q3 Income From Operations

$6.93 mln

Analyst Coverage

  • The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the it services & consulting peer group is "buy."

  • Wall Street's median 12-month price target for Climb Global Solutions Inc is $133.00, about 0.4% below its October 28 closing price of $133.55

  • The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release: ID:nGNX2RgzG3

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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