STOCK TITAN

Thryv Holdings (THRY) Stock News, Jan-Feb 2021

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.

Rhea-AI Summary

Thryv Holdings, Inc. (NASDAQ:THRY) announced preliminary, unaudited financial results for Q4 and fiscal year 2020, surpassing guidance expectations. Q4 SaaS revenue reached $34.9 million, an 8% year-over-year increase, while total revenue hit $246.9 million. Fiscal year SaaS revenue was $129.8 million, exceeding guidance. Net income for Q4 was $109.8 million, and adjusted EBITDA was $71.6 million. The company anticipates 2021 SaaS revenue between $139-$143 million, indicating solid growth prospects.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.62%
Tags
-
Rhea-AI Summary

Thryv Holdings, Inc. (NASDAQ:THRY) announces that CEO Joe Walsh will speak at the Virtual KeyBanc Capital Markets 2021 Emerging Technology Summit at 10:55 a.m. ET on February 23. Investors can access a live webcast on Thryv's Investor Relations page, with an archived replay available afterward. Thryv provides software designed to enhance client experiences for small businesses, supporting over 40,000 clients. Its platform includes various business management functions, enabling SMBs to streamline operations and improve customer interactions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.53%
Tags
conferences
-
Rhea-AI Summary

Thryv (NASDAQ:THRY) has announced a strategic partnership with Lendio, enhancing financial assistance options for small businesses. This collaboration aims to simplify the loan application process for American businesses, especially amidst the ongoing need for financial support due to the COVID-19 pandemic. Thryv will integrate Lendio into its App Marketplace, allowing users to apply for PPP loans and other financing options easily. Lendio has previously facilitated over $8 billion in PPP loans, aiming to support small businesses in accessing crucial capital.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.91%
Tags
partnership
Rhea-AI Summary

Summary not available.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.57%
Tags
none
-
Rhea-AI Summary

Thryv Holdings (NASDAQ:THRY) announces integration with Gmail, enhancing its customer experience platform for small businesses. This allows Thryv clients to access all data directly in their Gmail account, streamlining communication. Additionally, Thryv packages now include a professional domain-based Gmail email account. This integration simplifies business management and improves customer interactions. With over 1.8 billion Gmail users, Thryv aims to professionalize users' email communications and eliminate data entry redundancy, ultimately enhancing overall efficiency.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.32%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.22%
Tags
none
Rhea-AI Summary

Thryv Holdings, Inc. (NASDAQ:THRY) has been recognized as a leader in 13 categories in the G2 Winter 2021 Reports, marking its highest quarterly accolades. The company continues to excel in various software sectors, particularly for small businesses, and has maintained its status as a leader for five consecutive quarters. Additional recognition includes awards from Digital.com and Capterra. Thryv's comprehensive platform offers CRM, marketing automation, and payment solutions, enhancing service-driven businesses. The recent launch of ThryvPay aims to further boost market presence and user satisfaction.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.96%
Tags
none
-
Rhea-AI Summary

Thryv Holdings, a leading provider of client experience software for small businesses, will have CEO Joe Walsh speaking at the Needham Virtual Growth Conference on January 11, 2021, at 4:15 p.m. ET. Interested parties can access a live webcast on Thryv’s Investor Relations page, followed by an archived replay available for a limited time. Thryv serves over 40,000 SaaS clients and supports 360,000 small and medium-sized businesses across the U.S. with a comprehensive platform that simplifies operations and enhances customer engagement.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.14%
Tags
conferences
-
Rhea-AI Summary

Thryv, Inc. (NASDAQ:THRY) announced significant milestones for ThryvPay, reaching over $2 million in payment volume from more than 6,100 transactions since its launch in late October 2020. The platform is set to onboard 900 merchants within 90 days. Enhancements include SMS payment capabilities, catering to the increasing demand for contactless transactions. With a focus on small businesses, Thryv continues to evolve its integrated customer experience software, providing essential tools for modern payment processing.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.14%
Tags
none
Rhea-AI Summary

Thryv Holdings, Inc. (NASDAQ:THRY) is negotiating the acquisition of Sensis Holding Limited, a leading marketing solutions provider for small businesses in Australia. This strategic move targets the market of 2.3 million small businesses, enhancing Thryv's capabilities in an evolving digital landscape. The acquisition aims to leverage Thryv's proven SaaS platform to streamline operations for Sensis's existing 100,000 clients, thereby expanding their customer base and driving growth. The transaction remains subject to board and regulatory approvals.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.07%
Tags

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.