Climb Global Solutions, Inc.

Good morning, everyone, and thank you for participating in today's conference call to discuss Climb Global Solutions financial results for the third quarter ended September 30th, 2024. Joining us today are Climb's CEO, Mr. Dale Foster, the company's CFO, Mr. Drew Clark, and the company's investor relation advisor, Mr. Sean Manzuri with Elevate IR. By now, everyone should have access to the third quarter 2024 earnings press release. which was issued yesterday afternoon at approximately 4.05 p.m. Eastern Time. The release is available in the Investor Relations section of CLIMB Global Solutions' website at www.climbglobalsolutions.com. This call will also be made available for webcast replay on the company's website. Following management remarks, we will open the floor for questions. I'd now like to turn the call over to Mr. Manzuri for introductory comments.

Thank you. Before I introduce Dale, I'd like to remind listeners that certain comments made on this conference call and webcast are considered forward-looking statements under the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain known and unknown risks and uncertainties as well as assumptions that could cause actual results to differ materially from those reflected in these forward-looking statements. These forward-looking statements are also subject to other risks and uncertainties that are described from time to time in the company's filings with the SEC. Do not place undue reliance on any forward-looking statements which are being made only as of the date of this call, except as required by law The company undertakes no obligation to revise or publicly release the results of any revision to any forward-looking statements. Our presentation also includes certain non-GAAP financial measures, including adjusted gross billings, adjusted EBITDA, adjusted net income and EPS, and effective margin as supplemental measures of performance of our business. All non-GAAP measures have been reconciled to the most directly comparable GAAP measures in accordance with SEC rules. You'll find reconciliation charts and other important information in the earnings press release and Form 8-K we furnished to the SEC yesterday. With that, I'll turn the call over to CLIM's CEO, Dale Foster.

Thank you, Sean, and good morning, everyone. Q3 marked another exceptional period of growth and profitability for Climb as we generated record levels across all of our key financial metrics while delivering on our acquisition objectives. Our strong performance was driven by the continued execution of our core initiatives and the integration of Douglas Stewart Software, or DSS, and Data Solutions Ireland onto our operating platforms. Also in Q3, we rebranded Data Solutions Ireland to Climb Channel Solutions, with a great evening on September 5th in Dublin, sharing our launch with CLIMB theme and the vendors and customers. Additionally, we generated double-digit organic growth in both the US and Europe as we strengthened relationships with existing partners while signing new disruptive vendors to our line card. As a brief reminder of our recent acquisition, DSS, a Wisconsin-based IT distributor, that brings 20 new vendor partners to climb, including Adobe, GoGuardian, and IncinIQ, to name a few. DSS is a proven leader in the education technology channel and provides products and services to more than 500 value-added resellers and over 250 campus stores across North America in both K-12 and higher education markets. We are actively identifying cross-selling opportunities and cost synergies to look forward and look forward to exploring additional benefits as we further integrate DSS into our sales and operating workflows. Throughout the quarter, we worked through a robust pipeline of emerging vendors. We continue to identify and partner with the most innovative technologies in the market that align with our vendor ecosystem that solves today's most difficult IT challenges. For example, in Q3, we evaluated 29 vendors but signed agreements with only four of them. I'd like to quickly highlight one of these wins. In September, we announced a partnership with Align, a leading security and compliance solutions provider that is trusted by more than 4,000 global organizations. Align combines deep compliance expertise and innovative audit management technology to mitigate cybersecurity risk while navigating complex regulatory requirements. By partnering with Align, We are ensuring that our channel partners have the resources needed to efficiently move from audit to strategic compliance. We look forward to building a mutually beneficial relationship with Align as we continue to scale our businesses globally. On the topic of scaling overseas, we recently took our first steps toward building our presence in Germany, a key market in Western Europe. As we have stated many times, deals in Western Europe are built on trust and local connections. For the first time in the company's history, we have dedicated a team to be on the ground, focused on building and nurturing these relationships. We recently completed a CLIMB branding kickoff signaling the start of a more committed and comprehensive approach in this region. We are thrilled to launch this initiative and look forward to building out CLIMB's presence in Germany and the DOC region. As we mentioned before, we went live with our new ERP system during the quarter. While it is early with our new systems, we expect this platform to significantly enhance our operations over time, both in North America and overseas, by providing better access to real-time data across finance, sales, and other operating functions. We anticipate realizing operational efficiencies and improved decision-making capabilities to support our growth as we continue to scale our global footprint. Looking ahead, we remain focused on leveraging our global infrastructure to drive organic growth while actively exploring M&A targets that enhance our geographic footprint, broaden our service and solution offerings, and most importantly, align with our high-performance culture. We anticipate unlocking additional synergies from our acquisitions and further improving operating leverage as we execute across our global platform. These initiatives, coupled with our proven track record of accretive M&A, will enable us to close out 2024 on a strong note and achieve another record year of performance. With that, I will turn the call over to our CFO, Drew Clark, and he'll take you through the financial results. Drew? Thank you, Dale.