10/30/2025

speaker
Operator
Conference Call Operator

Please stand by. Your program is about to begin. 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, 2025. Joining us today are CLIMB's CEO, Mr. Del Foster, CFO, Mr. Matthew Sullivan, Chief Alliances Officer, Mr. Charles Bass, and Investor Relations Advisor, Mr. Sean Missouri, with Elevate IR. By now, everyone should have access to the third quarter 2025 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 available for webcast replay on the company's website. Following management remarks, we will open the call for your questions. I would now like to turn the call over to Mr. Mansouri for introductory comments.

speaker
Sean Mansouri
Investor Relations Advisor, Elevate IR

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 key operational metrics and non-GAAP financial measures, including 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 8K we furnished to the SEC yesterday. I'll now turn the call over to CLIMB's CEO, Dale Foster.

speaker
Dale Foster
CEO

Thanks, Shawn, and good morning, everyone. In Q3, we generated double-digit organic growth and continued to benefit from our acquisition of Douglas Sewer Software, which we acquired in July of last year. We continue to deepen our partnerships with existing vendors while assigning new cutting-edge partners to our line card. Our team consistently delivers solid results, maintains operational discipline, and continues driving growth, even with the challenging comparables from last year. Before diving into Q3 operational updates, I'd like to quickly pass the call over to our Chief Alliance Officer, Charles Bass, to take you through our vendor selection highlights for the quarter. Charles?

Disclaimer

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