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Thryv Holdings, Inc. - THRY STOCK NEWS

Welcome to our dedicated page for Thryv Holdings news (Ticker: THRY), a resource for investors and traders seeking the latest updates and insights on Thryv Holdings stock.

Thryv Holdings, Inc. (NASDAQ: THRY) is a premier provider of Software as a Service (SaaS) management tools and comprehensive marketing solutions tailored for small and mid-sized businesses. The firm operates across four main segments: Thryv U.S. Marketing Services, Thryv U.S. SaaS, Thryv International Marketing Services, and Thryv International SaaS. Among these, the U.S. Marketing Services segment generates the most revenue.

Founded in 2013, although rooted in over a century of history originating as a yellow pages directory business, Thryv has evolved into a full-service digital marketing firm. Today, it offers a vast array of services, including website development, print and digital marketing, mobile solutions, social media strategies, and search engine marketing.

Thryv Holdings remains dedicated to partnering with more than 480,000 local businesses across the United States. The company's commitment lies in helping these businesses get found by potential customers, get chosen over competitors, and get talked about within their communities. The overarching goal is to foster and grow customer relationships through innovative and effective marketing strategies.

Recent achievements include the expansion of their international operations and the continuous enhancement of their SaaS offerings, making business management more accessible and efficient for clients. Financially, Thryv has shown resilience and growth, reflecting its strategic initiatives and adaptive business model.

For those seeking the latest updates, Thryv’s current projects include new partnerships, product rollouts, and market expansion strategies. With a significant presence both domestically and internationally, Thryv Holdings is poised to continue its trajectory of growth and innovation, providing top-notch solutions that meet the evolving needs of the local business landscape.

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Thryv Holdings, Inc. (NASDAQ:THRY) has announced a $40 million share repurchase program. The Board of Directors has authorized the repurchase of outstanding shares of the Company's common stock through open market or private transactions. The Company will consider various factors in determining the timing and amount of repurchases, such as stock availability, market conditions, trading price, capital allocation, and financial performance. The repurchase program is not bound by a specific number of shares or timeframe and may be adjusted or terminated as needed. Funding for repurchased shares will come from the Company's available liquidity.

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Thryv Holdings, Inc. (NASDAQ:THRY) reported a 24% year-over-year growth in SaaS revenue for the first quarter of 2024, with a 30% increase in SaaS subscribers. The company also refinanced its credit facility, initiated a $40 million share repurchase program, and appointed a new Chief Product Officer. Thryv issued positive full-year SaaS guidance and experienced notable growth in SaaS metrics. The company's financial performance included a decrease in Marketing Services revenue but an increase in SaaS revenue, with strong Adjusted EBITDA margins across segments. Thryv remains focused on profitable SaaS growth and maintaining a healthy balance sheet.

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Thryv Holdings, Inc. (NASDAQ: THRY) will release its first quarter 2024 financial results on May 2, followed by a conference call. Investors can register on the company's website for the call and access webcasts and replays.
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Thryv, Inc. (NASDAQ: THRY) appoints Rees Johnson as chief product officer to drive the development of its small business platform, emphasizing AI integration and product expansion. Johnson brings 20+ years of product leadership experience, previously working at Forcepoint and Symantec. His role focuses on enhancing small business operations and growth through innovative product strategies.
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Thryv Holdings (NASDAQ: THRY) announces accelerated adoption of its SaaS platform by customers from its Marketing Services business, with SaaS revenues expected to reach 40% of total revenue by year-end 2024. The company's center-based SaaS platform aims to streamline operations for small businesses, with three distinct centers offering various functionalities. Thryv's strategic evolution focuses on driving higher gross margins through the sale of these centers, leading to improved financial metrics and value creation for investors.
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Thryv Holdings, Inc. (NASDAQ:THRY) reports strong Q4 results with SaaS revenue growth of 25% year-over-year, exceeding guidance. The company achieved record SaaS revenue growth and Adjusted EBITDA, with plans to accelerate growth in 2024. NDR increased 400 bps to 96%. Thryv generated a strong FY operating cash flow of $148.2 million.
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Thryv Holdings, Inc. (THRY) will release its Q4 and full year 2023 financial results on February 22, followed by a conference call. Investors can register on the company's website for the call and access a live webcast. The press release and audio replay will be available for download after the event.
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Thryv Holdings, Inc. (NASDAQ:THRY) announced that Chairman and CEO Joe Walsh will present at the 26th Annual Needham Growth Conference on January 17 at 9:30 a.m. ET.
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Company X announces strategic partnership with Company Y, boosting stock price by 10%. Ticker symbol: XYZ.
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Thryv Holdings, Inc. (THRY) sees strong momentum for Thryv Command Center as it transitions from beta to general availability. More than 20,000 new small business users have adopted the freemium communications hub, propelling growth for small businesses. Thryv Command Center simplifies customer communications into a single conversation across multiple channels, with thousands of SMB owners benefiting from the free, seamless, and customizable offering.
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FAQ

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

The current stock price of Thryv Holdings (THRY) is $17.51 as of October 15, 2024.

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

The market cap of Thryv Holdings (THRY) is approximately 648.0M.

What does Thryv Holdings, Inc. do?

Thryv Holdings, Inc. provides SaaS management tools and digital/print marketing solutions for small and mid-sized businesses.

What are the main segments of Thryv Holdings?

The main segments are Thryv U.S. Marketing Services, Thryv U.S. SaaS, Thryv International Marketing Services, and Thryv International SaaS.

When was Thryv Holdings founded?

Thryv Holdings was founded in 2013, though its roots trace back over 125 years to a yellow pages directory business.

How many businesses does Thryv Holdings partner with?

Thryv Holdings partners with more than 480,000 local businesses across the United States.

What are some of the services offered by Thryv Holdings?

Services include website development, print and digital marketing, mobile solutions, social media strategies, and search engine marketing.

Which segment generates the most revenue for Thryv Holdings?

The Thryv U.S. Marketing Services segment generates the most revenue.

What recent achievements has Thryv Holdings accomplished?

Recent achievements include international expansion and continuous enhancement of their SaaS offerings.

What are Thryv Holdings' current projects?

Current projects include new partnerships, product rollouts, and market expansion strategies.

Has Thryv Holdings expanded internationally?

Yes, Thryv Holdings has expanded its operations internationally.

What is the business goal of Thryv Holdings?

The goal is to help local businesses get found, get chosen, and get talked about, ultimately fostering and growing customer relationships.

Thryv Holdings, Inc.

Nasdaq:THRY

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THRY Stock Data

648.01M
36.30M
6.72%
98.95%
6.88%
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