Climb Global Solutions Inc reports results for the quarter ended in June - Earnings Summary

Climb Global Solutions

03/08/2023 14:33

* Climb Global Solutions Inc  CLMB.OQ  reported quarterly
adjusted
earnings of 31 cents​​ per share for the quarter ended in June.
The lone analyst forecast for the quarter was for earnings of 45
cents per share.
    * Revenue was $81.73 million​; analysts expected $85.88
million. 
    * Climb Global Solutions Inc's reported EPS for the quarter
was 31
cents​.
    * The mean earnings estimate of analysts had fallen by
about 39.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Climb Global Solutions Inc shares had fallen by 0.2% this
quarter and gained 51.5% so far this year.
    * The company reported quarterly net income of $1.38
million.
    * Wall Street's median 12-month price target for Climb
Global
Solutions Inc is $60.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.45           0.31           Missed
 Mar. 31 2023      0.56           0.74           Beat
                                  1.06           
 Sep. 30 2022      0.56           0.17           Missed