Thryv Hldgs Inc Stock Price, News & Analysis

Thryv Holdings, Inc. (NASDAQ:THRY) is expanding its operations in Canada with direct investments and a new regional headquarters in Toronto. The initiative aims to support over 1.5 million small- to medium-sized businesses (SMBs) in the region by providing cloud-based services through partnerships, including an alliance with GetintheLoop and the Canadian Franchise Association. Thryv will be featured in the Small Business Week from Oct. 16-22, promoting its tools for entrepreneurs' success.

Thryv Holdings, Inc. (NASDAQ:THRY) will release its Q3 2022 financial results on November 3, 2022, before market opening. A conference call to discuss the results will follow at 8:30 a.m. ET, featuring CEO Joe Walsh and CFO Paul Rouse. Registration for the call is encouraged in advance. Thryv, a leading software platform for small businesses, supports over 50,000 businesses with its SaaS platform and manages digital presence for over 400,000 businesses across the U.S. and internationally.

Thryv Holdings, Inc. (NASDAQ:THRY) has been awarded the 2022 Merit Awards for Technology in the Software and Apps category, recognizing its impactful solutions for small- to medium-sized businesses. This award highlights the importance of digital payment technologies and contactless services in aiding businesses to thrive. Thryv's commitment to enhancing operational efficiency through innovative technology has contributed to its growth, with over 50,000 businesses utilizing its SaaS platform to improve performance and customer engagement.

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.