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Climb Global Solutions reports a 51% net income increase to $18.6M, boosting share price to $118.81.
Climb Global Solutions reported strong financial results for 2024, with a 51% increase in net income to $18.6 million and a 61% rise in adjusted EBITDA to $39.6 million.
The company's performance was driven by organic growth and the acquisition of Douglas Stewart Software & Services, LLC.
Shares of CLMB rose $1.06 to $118.81 on the earnings report, and Barrington Research maintained an "outperform" rating with a $136.00 target price.
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Climb Global Solutions reporta un aumento de ingresos netos del 51% a $18.6M, aumentando el precio de las acciones a $118.81.