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

Climb Global Solutions

04/05/2023 14:34

* Climb Global Solutions Inc  CLMB.OQ  reported quarterly
adjusted
earnings of 74 cents​​ per share for the quarter ended in March.
The lone analyst forecast for the quarter was for earnings of 56
cents per share.
    * Revenue was $85.04 million​; analysts expected $79.88
million. 
    * Climb Global Solutions Inc's reported EPS for the quarter
was 74
cents​.
    * The mean earnings estimate of analysts had fallen by
about 26.3%
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 14.7% this
quarter and gained 44.2% so far this year.
    * The company reported quarterly net income of $3.32
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 May
4 at 01:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.56           0.74           Beat
                                  1.06           
 Sep. 30 2022      0.56           0.17           Missed