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Thryv Holdings, Inc. reports on an AI-enabled marketing and sales software platform for small and medium-sized businesses. Its software offerings include lead insights, automated customer follow-up, payment processing, an AI-enabled CRM and related tools designed to help service businesses manage customer acquisition, sales activity and repeat engagement.
Recurring Thryv news centers on SaaS revenue growth, Marketing Center performance, average revenue per unit, adjusted EBITDA, guidance updates and the transition from legacy marketing services toward software-led revenue. Product updates include Thryv AI Lead Flow, home-services marketing automations and integrations that combine Thryv Marketing Center with Keap sales automation capabilities.
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.
Thryv Holdings, Inc. (NASDAQ:THRY) has announced a new integration with Google’s Business Messages, enhancing communication for small businesses. This feature allows businesses to utilize a centralized inbox for messages from various platforms, facilitating quicker responses to customer inquiries. Ryan Cantor, Chief Product Officer, emphasized the importance of this integration for local businesses, which often struggle with timely communications due to operational constraints. Thryv aims to support small and medium-sized businesses by streamlining customer interactions and improving service capabilities.
Thryv Holdings, Inc. (NASDAQ:THRY) will release its second quarter 2022 financial results on August 4, 2022, before market opening. A conference call will follow at 8:30 a.m. EDT, hosted by Joe Walsh and Paul Rouse. Interested parties can register via the company's Investor Relations website. Thryv serves over 46,000 businesses through its software platform, Thryv®, enhancing customer experience and managing digital presence for over 400,000 businesses. A downloadable press release and audio replay will be available post-event.
Thryv Holdings, Inc. (NASDAQ:THRY) has been ranked #9 on Selling Power’s 50 Best Companies to Sell For 2022, marking its sixth consecutive year on the list. The company has improved its ranking each year since its debut in 2017. Thryv aims to support small to medium-sized businesses (SMBs) by promoting technology adoption, which enhances their competitiveness. The ranking is based on categories such as compensation, sales culture, onboarding, and training, highlighting companies that adapted their strategies to succeed in a digital selling environment.
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Thryv Holdings, Inc. (NASDAQ:THRY) announced that its Chairman and CEO, Joe Walsh, and CFO, Paul Rouse, will present at the CJS Securities 22nd Annual “New Ideas” Summer Conference on July 12 in Greenwich, CT. Thryv is dedicated to empowering small- to medium-sized businesses through its award-winning SaaS platform, which is utilized by over 46,000 businesses. The platform supports companies in managing their customer experiences and enhances their digital and print presence.
Thryv Holdings (NASDAQ:THRY) has enhanced its ThryvPay payment solution, enabling service businesses to offer consumer financing in partnership with Wisetack. This feature allows clients to pre-qualify for financing early in the customer journey, benefiting both consumers and business owners. ThryvPay has seen significant growth, with a 235% increase in processing volume and a $150 million annual run-rate. Additional features include new payment options like Apple Pay and Google Pay. These enhancements aim to increase purchasing power for consumers and revenue for businesses.
Thryv Holdings, Inc. (NASDAQ:THRY) announced the appointment of Tami Cannizzaro as Chief Marketing Officer, effective immediately. With over 20 years of experience in tech marketing, Cannizzaro has a proven track record in driving customer engagement and revenue growth. Her previous roles include Vice President at Forcepoint, where she generated a $75 million marketing pipeline, and CMO at Comodo, achieving over 100% annual recurring revenue growth. Cannizzaro aims to leverage her expertise to enhance Thryv's presence in the small- to medium-sized business sector.
Thryv Holdings, Inc. (NASDAQ:THRY) announced the schedule for its executive management presentations at upcoming investor conferences. Key events include:
- B. Riley 22nd Annual Institutional Investor Conference: May 26, 3:20 p.m. ET, Beverly Hilton, Beverly Hills, CA.
- Baird 2022 Global Consumer, Technology, and Services Conference: June 6, 1:25 p.m. ET, Intercontinental New York Barclay, New York, NY.
- William Blair 42nd Annual Growth Stock Conference: June 7, 11:00 a.m. ET, Loews Chicago Hotel, Chicago, IL.