CLMB Q2 2023 Earnings — Climb Global Solutions, Inc. Revenue & Financial Results | Market Cap Arena

CLMBClimb Global Solutions, Inc.

$399M

Q2 2023 Earnings

Technology Technology Distributors

Income Statement

Revenue

$82M+20.4% YoY

Gross Profit

$14M16.8% margin

Operating Income

$2M1.9% margin

Net Income

$1M1.7% margin

EPS (Diluted)

$0.31

QoQ Revenue Growth

-3.9%

Cash Flow

Operating Cash Flow

-$14M

Free Cash Flow

-$16M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$234M

Total Liabilities

$167M

Stockholders' Equity

$67M

Cash & Equivalents

$44M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$82M	$68M	+20.4%
Gross Profit	$14M	$12M	+13.7%
Operating Income	$2M	$4M	-63.2%
Net Income	$1M	$3M	-49.2%

Revenue Segments

Distribution

$76M93%

Solutions

$6M7%

Geographic Segments

Foreign operations

$17M100%