Thryv Hldgs Inc Stock Price, News & Analysis

Thryv Holdings, Inc. (NASDAQ:THRY) is set to release its first quarter 2023 financial results on May 4 before market opening. A conference call will follow at 8:30 a.m. ET to discuss these results with the investment community. Thryv is known for its small business software platform, Thryv®, which aids over 50,000 businesses in managing their operations effectively. Additionally, the company provides marketing services to more than 400,000 businesses, enhancing their digital and print presence.

Investors can register for the call using the provided link and access a live webcast on Thryv's Investor Relations website. Downloadable files and an audio replay will be available post-event.

Thryv Holdings, Inc. (NASDAQ:THRY) announced significant updates to its SaaS platform aimed at enhancing small business operations. Key features include the launch of ThryvPay, a mobile card reader promoting streamlined payments; TeamChat, enhancing team communication; and an automated Signatures tool for easier document management.

Thryv's platform now boasts over 40,000 active users, a 30% increase year-over-year. The integration of calendar sync with Google and Outlook further boosts productivity. These innovations address the evolving needs of small businesses, ensuring they remain competitive in changing markets.

Thryv Holdings, Inc. (NASDAQ:THRY) reported robust year-over-year growth in its fourth quarter of 2022, with SaaS revenue rising 25% to $59.3 million and a consolidated total revenue increase of 14.3% to $279.4 million. The company surpassed all guidance metrics, with total SaaS clients growing 13% and monthly active users up 37%. However, a non-cash goodwill impairment charge impacted the net income, resulting in a net loss of $50.4 million. Looking ahead, Thryv is optimistic about maintaining SaaS revenue growth and has issued revenue guidance for 2023, projecting SaaS revenue between $257 million and $259 million.

Thryv Holdings, Inc. (NASDAQ:THRY) will announce its fourth-quarter and full-year 2022 financial results on February 23 before market opening. A conference call is scheduled for 8:30 a.m. ET the same day to discuss these results with investors. Thryv, known for empowering small to medium-sized businesses (SMBs) with its software platform, serves over 50,000 businesses globally, aiding them in modernizing operations and enhancing competitiveness. The company also manages digital and print presence for more than 400,000 businesses, connecting them to local consumers.

Thryv Holdings, Inc. (NASDAQ:THRY) announced its executive management will host one-on-one meetings at two investor conferences. The first is the 25th Annual Needham Growth Conference on January 10 at the Lotte New York Palace Hotel, and the second is the CJS Securities 23rd Annual New Ideas for the New Year on January 11, which will be held virtually. Thryv provides a SaaS platform that supports small to medium-sized businesses, with over 50,000 using its services to enhance operations and connect with local consumers.

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%.