Welcome to our dedicated page for Thryv Hldgs news (Ticker: THRY), a resource for investors and traders seeking the latest updates and insights on Thryv Hldgs stock.
Thryv Holdings, Inc. (NASDAQ: THRY) is the provider of a small business marketing and sales software platform and related marketing services, with a focus on helping local, independent service-based businesses and emerging franchises attract new and repeat customers. The Thryv news feed on Stock Titan aggregates company press releases and market updates so readers can follow how the business is evolving its SaaS platform and marketing offerings for SMBs.
Recent Thryv news highlights several themes: AI-supported marketing and business automations, tailored software for specific verticals such as home services, and the expansion of the platform into adjacent workflows like payroll through Thryv Workforce Center, powered by Gusto. The company also regularly reports quarterly financial results, including SaaS and Marketing Services performance, SaaS client metrics, and profitability measures, through earnings announcements and associated conference calls.
Investors and small business observers can use this page to review updates on Thryv’s AI initiatives, marketing automation capabilities, product launches, recognition by third-party research firms, and participation in industry conferences and events. Earnings-related news, including Form 8-K references to press releases and investor presentations, provides insight into segment trends and the progress of Thryv’s SaaS transformation.
By monitoring the THRY news stream, users can see how the company positions its platform in the internet content and information industry, how it responds to small business technology needs, and how its financial and operational disclosures align with its stated focus on AI-supported tools and small business growth.
Thryv Holdings, Inc. (NASDAQ:THRY) has launched Marketing Center, a comprehensive platform designed for small businesses to enhance their marketing efforts and customer engagement. Following a successful beta, the service is now available in the U.S. and plans international expansion in 2023. Marketing Center integrates with various platforms, offering tools for tracking customer interactions, optimizing marketing strategies, and providing insights into ROI. Offered at $199 per month, the service includes AI-driven recommendations to assist business owners in maximizing efficiency and understanding their marketing performance.
Thryv Holdings, Inc. (NASDAQ:THRY) announced its participation in two upcoming investor conferences. The RBC Global Technology, Internet, Media, and Telecom Conference will be held on November 16, with a presentation at 9:25 a.m. ET, available via live webcast on their investor site. The 12th Annual Needham Virtual SaaS 1x1 Conference will follow on November 17. Thryv, a software platform for small to medium-sized businesses, supports over 50,000 businesses globally, managing their operations and digital presence.
Thryv Holdings, Inc. (NASDAQ:THRY) reported strong third-quarter 2022 growth, with SaaS revenue increasing by 26% year-over-year to $56.6 million. The company raised its revenue guidance for full-year 2022 due to exceeding expectations. Total consolidated revenue was $280.7 million, but down 5.6% year-over-year. Adjusted EBITDA was $65.4 million, reflecting a margin of 23.3%. Thryv also announced plans for international expansion, including a new headquarters in Toronto. However, Marketing Services revenue decreased by 11.2%.
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Thryv Holdings, Inc. (NASDAQ:THRY) is expanding its operations in Canada with direct investments and a new regional headquarters in Toronto. The initiative aims to support over 1.5 million small- to medium-sized businesses (SMBs) in the region by providing cloud-based services through partnerships, including an alliance with GetintheLoop and the Canadian Franchise Association. Thryv will be featured in the Small Business Week from Oct. 16-22, promoting its tools for entrepreneurs' success.
Thryv Holdings, Inc. (NASDAQ:THRY) will release its Q3 2022 financial results on November 3, 2022, before market opening. A conference call to discuss the results will follow at 8:30 a.m. ET, featuring CEO Joe Walsh and CFO Paul Rouse. Registration for the call is encouraged in advance. Thryv, a leading software platform for small businesses, supports over 50,000 businesses with its SaaS platform and manages digital presence for over 400,000 businesses across the U.S. and internationally.
Thryv Holdings, Inc. (NASDAQ:THRY) has been awarded the 2022 Merit Awards for Technology in the Software and Apps category, recognizing its impactful solutions for small- to medium-sized businesses. This award highlights the importance of digital payment technologies and contactless services in aiding businesses to thrive. Thryv's commitment to enhancing operational efficiency through innovative technology has contributed to its growth, with over 50,000 businesses utilizing its SaaS platform to improve performance and customer engagement.
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Thryv Holdings, Inc. (NASDAQ:THRY) has partnered with Fora Financial to provide small businesses with rapid access to capital. The partnership enables business owners to apply for loans ranging from $5,000 to $750,000 through Thryv’s marketplace, with approvals in under 24 hours and funds available in 72 hours. This initiative aims to support small businesses in overcoming financial challenges in the current economic landscape, providing flexible terms and promoting business growth.
Thryv Holdings, Inc. (NASDAQ:THRY) reported a robust second quarter of 2022, achieving a 26.1% increase in total SaaS revenue, reaching $52.2 million. The company raised its revenue and EBITDA guidance for the full year, driven by growth in SaaS subscribers and improved average revenue per unit (ARPU), which rose to $358. Marketing Services revenue also climbed 12.9% to $281.8 million. However, the total SaaS Adjusted EBITDA loss was $2.2 million. Overall, consolidated revenue increased 14.8% to $334.0 million.