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Thryv Holdings (THRY) Stock News, Dec 2021-Mar 2022

THRY Nasdaq

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.

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Thryv Holdings, Inc. (NASDAQ:THRY) announced details for its upcoming Investor Day on April 5, 2022, at Nasdaq MarketSite in New York City from 9:00 - 11:00 a.m. ET. CEO Joe Walsh and CFO Paul Rouse will present the company’s business performance and strategic priorities. Attendees can register for in-person or access a live webcast. Additionally, Thryv will participate in Nasdaq’s Opening Bell Ringing Ceremony on April 6, 2022.

Guests must provide a negative COVID-19 test result within 24 hours for entry, complying with Nasdaq’s safety protocols.

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Thryv Holdings, Inc. (NASDAQ:THRY) is set to hold its Investor Day on April 5, 2022, from 9:00 - 11:00 a.m. ET at Nasdaq MarketSite in Midtown Manhattan. CEO Joe Walsh, CFO Paul Rouse, and the executive team will discuss the company’s performance and strategic priorities. In addition, Thryv will participate in Nasdaq’s Opening Bell Ringing Ceremony on April 6, 2022. The company’s software platform, Thryv®, supports over 45,000 businesses in improving their customer experience and marketing presence.

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Thryv Holdings, Inc. (THRY) reported a 36% increase in Q4 2021 SaaS revenue year-over-year, totaling $47.1 million. Annual SaaS revenue rose 32% to $170.5 million, while total consolidated revenue reached $1.113 billion.

The company acquired Vivial Media for $21 million, enhancing its service offerings. However, consolidated revenue saw a 1% decline and projected SaaS EBITDA losses of $21 to $25 million for 2022. Despite these concerns, Thryv remains optimistic about long-term growth.

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According to a new study by Thryv and Payments Dive, small businesses that do not accept digital payments are losing customers. The survey of 2,050 small business consumers revealed that 73% are influenced by payment options when choosing between businesses. Younger consumers, particularly Millennials (68%) and Gen Z (71%), prefer cashless transactions. The findings indicate a growing trend towards contactless payment options, with 71% of respondents intending to continue using them post-pandemic. Furthermore, 64% prefer digital payments for purchases over $1,000.

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Thryv Holdings, Inc. (NASDAQ:THRY) will release its fourth quarter and full year 2021 financial results on March 10, 2022, before market opening. This will be followed by a conference call at 8:30 a.m. ET hosted by CEO Joe Walsh and CFO Paul Rouse to discuss the results. Investors can register for the call via Thryv's Investor Relations website. The company provides a client experience platform for small businesses, with over 45,000 users of its Thryv® software, managing digital presence for over 400,000 businesses.

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Thryv Holdings (NASDAQ:THRY) will host an Analyst and Investor Event on April 5, 2022, at 9 a.m. ET in New York City. The event aims to present the company's business performance, outlook, and key strategic priorities. Key speakers include Chairman & CEO Joe Walsh and CFO Paul Rouse. Attendees can register for the event and access the live webcast on Thryv's Investor Relations page. Thryv, a provider of client experience software, serves over 45,000 businesses globally, enhancing their operations and connecting them to local consumers.

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Thryv Holdings, Inc. (NASDAQ:THRY) has announced participation in two investor conferences. CEO Joe Walsh will engage in a fireside chat at the 24th Annual Needham Virtual Growth Conference on January 10, 2022, at 11:30 a.m. ET, and at the 22nd Annual CJS Securities ‘New Ideas for the New Year’ Conference on January 12, 2022, at 11:00 a.m. ET. The events will include virtual one-on-one meetings with the CFO, Paul Rouse. A live webcast will be accessible on Thryv’s Investor Relations page, with a replay available afterwards.

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Thryv Holdings, Inc. (NASDAQ:THRY) has been awarded 14 accolades in the 2022 G2 Winter Report, tying its highest quarterly count. The software, designed for small businesses, holds a 4.6/5 star rating and has been recognized as a leader in various categories, including 'Easiest to Use' and 'Fastest Implementation.' The company launched over 100 product enhancements in 2021, which contributed to this recognition. Additionally, Thryv is a finalist in the Cloud Awards, celebrating innovation in cloud computing, with winners to be announced in February 2022.

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Thryv Holdings, Inc. (NASDAQ:THRY) has appointed CEO Joe Walsh as Chairman of the Board following the resignation of Jason Mudrick. Mudrick, who has been instrumental in transitioning the company to a SaaS model, remains Thryv’s largest shareholder. The leadership change aims to support Thryv's growth as a leading software provider for small businesses. John Slater has been named Lead Independent Director. Thryv’s SaaS platform is utilized by over 45,000 businesses, indicating a strong market presence.

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Thryv Holdings, Inc. (NASDAQ:THRY) announces CEO Joe Walsh will speak at the Barclays Global TMT Conference on December 8, 2021, at 3 p.m. EST. Thryv provides a comprehensive client experience platform for small businesses, empowering over 45,000 users globally. The live webcast of the event will be accessible on their Investor Relations page, with an archived replay available afterward.

Thryv specializes in software and marketing services, assisting businesses in growing and modernizing their operations. For more details, visit thryv.com.

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FAQ

What is the current stock price of Thryv Holdings (THRY)?

Thryv Holdings (THRY) last closed at $1.21.

What is the market cap of Thryv Holdings (THRY)?

The market cap of Thryv Holdings (THRY) is approximately $53.8M.