Climb Global Stock Price, News & Analysis

Climb Channel Solutions, a subsidiary of Climb Global Solutions (NASDAQ: CLMB), has announced a strategic partnership with Coro to expand its cybersecurity solutions portfolio. The partnership combines Coro's unified security platform with Climb's distribution expertise to address growing cybersecurity challenges for SMBs and distributed enterprises.

Coro's platform offers comprehensive protection against email threats, endpoint attacks, data loss, and insider risks through a single integrated solution. The collaboration emphasizes Coro's channel-first strategy and Climb's position as a leader in technology distribution, aiming to make cybersecurity solutions more accessible and manageable for MSPs and Value-Added Resellers.

Climb Global Solutions (NASDAQ:CLMB) reported strong Q2 2025 financial results, with net sales surging 73% to $159.3 million and net income rising 74% to $6.0 million ($1.30 per share). The company's adjusted EBITDA increased 64% to $11.4 million, while gross billings grew 39% to $500.6 million.

The impressive performance was driven by double-digit organic growth from strengthened customer relationships, new vendor partnerships, and expanded market share in the U.S. and Europe. The acquisition of Douglas Stewart Software & Services (DSS) also contributed significantly, particularly in the education sector. The company declared a quarterly dividend of $0.17 per share, payable on August 15, 2025.

With a strong balance sheet showing $28.6 million in cash and minimal debt, Climb remains focused on operational efficiency through its newly implemented ERP system and continues to seek strategic acquisition opportunities.

Climb Global Solutions (NASDAQ:CLMB), a value-added global IT channel company, has scheduled its second quarter 2025 financial results conference call for July 31, 2025 at 8:30 a.m. ET. The company will release its Q2 2025 results, covering the period ended June 30, 2025, via press release before the call.

Shareholders can participate through the toll-free number (800) 225-9448 or international line (203) 518-9708 using Conference ID: CLIMB. Questions can be submitted in advance via email to CLMB@elevate-ir.com. A webcast replay will be available on the company's investor relations website.

Climb Channel Solutions (NASDAQ: CLMB) has expanded its Bluebeam portfolio by adding SiteDocs, a safety compliance platform for the architecture, engineering, and construction (AEC) industry. SiteDocs, acquired by Nemetschek Group through its GoCanvas acquisition, offers digital safety workflows and real-time jobsite visibility capabilities.

The strategic partnership aims to integrate SiteDocs' safety and compliance management with Bluebeam's collaboration tools, creating a comprehensive solution for construction teams. This addition strengthens Climb's position in delivering digital innovation and safety solutions to the AEC sector.

Climb Channel Solutions, a subsidiary of Climb Global Solutions (NASDAQ: CLMB), has announced a new distribution partnership with Egnyte, a leader in secure content collaboration. The agreement enables Climb to distribute Egnyte's cloud-native platform across the United States.

The partnership follows Egnyte's recent enhancements to its Partner Program and new partner portal launch. The program focuses on three core priorities: profitability, enablement, and simplicity. Resellers will benefit from Egnyte's agile supply chain support, technical assistance, and competitive pricing to accelerate market penetration.

The collaboration aims to provide partners and customers with a scalable platform suitable for both SMB and enterprise environments, emphasizing secure file sharing and real-time collaboration capabilities.

Climb Channel Solutions (NASDAQ: CLMB) has announced a new North American distribution agreement with Bugcrowd, a leading crowdsourced cybersecurity platform provider. The partnership enables Climb to offer Bugcrowd's security solutions to its network of over 7,000 resellers. Bugcrowd's platform combines a global network of security researchers with AI-powered penetration testing and vulnerability detection tools. Key offerings include vulnerability detection, penetration testing, attack surface management, and Red Team as a Service (RTaaS). The collaboration aims to address growing cybersecurity challenges by providing businesses with proactive security solutions. This strategic alliance strengthens Climb's cybersecurity portfolio while expanding Bugcrowd's channel presence.

Climb Channel Solutions (NASDAQ: CLMB) announced that nine of its employees have been named to CRN's 2025 Women of the Channel list, with CMO Kim Stevens earning a spot on the prestigious Power 100 subset. The annual recognition celebrates influential women leaders in the IT ecosystem who contribute to channel excellence and partner success.

The honored employees include executives and directors across various departments, with six being repeat awardees. Notable recipients include Danielle Franco (VP of Operations), Erin King (Director, Premier Accounts), and several Regional Sales Directors and National Account leaders. CEO Dale Foster highlighted that this recognition demonstrates Climb's commitment to partners, customers, and culture of excellence.

Climb Channel Solutions, a subsidiary of Climb Global Solutions (NASDAQ: CLMB), has promoted Carlos Rodrigues to President of North America. Rodrigues, who joined Climb in 2020 through the acquisition of Interwork Technologies, has served as Vice President of Sales and brings over 20 years of experience in value-added distribution.

Under his leadership, Rodrigues established a dedicated Vendor Management team of 36 channel professionals across North America. As President, he will oversee all North America sales operations, focusing on accelerating growth and expanding market presence. CEO Dale Foster praised Rodrigues's loyalty, leadership, and proven track record in driving company-wide growth and strengthening vendor relationships.

Climb Channel Solutions, a subsidiary of Climb Global Solutions (NASDAQ: CLMB), has announced a partnership with Smartsheet to distribute their AI-enhanced enterprise work management platform in North America. The partnership gives Climb's resellers access to Smartsheet's complete portfolio, which was recognized as a Leader in the 2024 Gartner® Magic Quadrant™ for Collaborative Work Management.

Smartsheet, which ranked highest in "Ability to Execute" for the second consecutive year, is the only Collaborative Workplace Management software in Climb's offering. The collaboration aims to expand Smartsheet's global reach through Climb's extensive reseller network while providing organizations with tools for enhanced productivity and innovation.