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Climb Solutions(CLMB) - 2025 Q1 - Quarterly Results
CLMBClimb Solutions(CLMB)2025-05-01 04:06

● Net sales increased 49% to 138.0million.●Netincomeincreased35138.0 million. ● Net income increased 35% to 3.7 million or 0.81perdilutedshare.●Adjustednetincome(anon−GAAPfinancialmeasuredefinedbelow)increased390.81 per diluted share. ● Adjusted net income (a non-GAAP financial measure defined below) increased 39% to 3.9 million or 0.86perdilutedshare.●AdjustedEBITDA(anon−GAAPfinancialmeasuredefinedbelow)increased380.86 per diluted share. ● Adjusted EBITDA (a non-GAAP financial measure defined below) increased 38% to 7.6 million. ● Gross billings (a key operational metric defined below) increased 34% to 474.6million.Distributionsegmentgrossbillingsincreased36474.6 million. Distribution segment gross billings increased 36% to 453.6 million, and Solutions seg ...