CLMB

In Q1 2026, the company's stock price dropped approximately 20.35% on April 30, 2026, following an adjusted EPS of $0.19 which missed consensus estimates, despite a 32% year-over-year revenue surge to $182.4 million, attributed to margin dilution from the Interworks acquisition and a higher effective tax rate. The integration and financial impact of the Interworks.cloud Acquisition, announced in February 2026, significantly influenced the stock price in April 2026. For Q2 2026, net sales increased 9% to $174.2 million and gross billings rose 17% to $587.3 million compared to the prior year, though net income decreased to $5.5 million ($0.30 per diluted share) from $6.0 million ($0.33). On August 5, 2026, Climb signed a distribution agreement with Harmonic Security to enhance AI adoption security. Peter Bell was appointed to the Board of Directors on June 25, 2026, and a four-for-one stock split was announced on March 2, 2026.