Thryv Holdings, Inc. - THRY STOCK NEWS

Thryv Holdings will join the S&P SmallCap 600 index effective November 24, 2021, replacing Echo Global Logistics. This change follows the announcement of The Jordan Company acquiring Echo Global Logistics in a deal expected to close soon. The inclusion of Thryv Holdings in the index reflects its growing significance in the market, specifically within the Communication Services sector. This update is crucial for investors as index changes can influence stock performance and investor perception.

Thryv Holdings, Inc. (NASDAQ:THRY) announced that CEO Joe Walsh purchased 45,000 shares of the company's common stock at $35.50 each on November 15, 2021. This purchase reflects Walsh's confidence in Thryv's growth potential as a provider of end-to-end client experience software for small businesses. Thryv empowers over 45,000 businesses with their SaaS platform, supporting their marketing needs and connecting them to consumers. The company also manages the digital and print presence for over 400,000 businesses.

Thryv Holdings, Inc. (NASDAQ:THRY) announced that CEO Joe Walsh and CFO Paul Rouse will speak at two upcoming investor conferences. They will participate in a fireside chat at the RBC Capital Markets Global Technology, Internet, Media, and Telecom Conference on November 16, 2021, at 1:20 p.m. ET. Additionally, they will hold 1x1 meetings at the Needham Virtual Tech Week Conference on November 18, 2021. Thryv provides software solutions for small to medium-sized businesses, with over 45,000 users benefiting from its platform.

Thryv Holdings, Inc. (NASDAQ:THRY) has raised its revenue guidance for 2021 following strong third-quarter results. US SaaS revenue reached $45 million, up 41% year-over-year, and total consolidated revenue rose 24% to $297 million. Thryv reported a net income of $36 million and an adjusted EBITDA margin of 34%. Positive trends included a 2% increase in SaaS clients and improved customer retention metrics. The company updated its SaaS revenue guidance to $169-$171 million, up from $157-$160 million, and Marketing Services revenue to $785-$790 million.

Thryv Holdings (NASDAQ:THRY) is set to launch a real-time centralized inbox within its Thryv® platform, enhancing communication for small businesses. This new feature allows owners to manage all customer interactions—via webchat, email, text, or social media—in one location, improving efficiency and responsiveness. With 43 million messages sent year-to-date, the platform aims to cater to evolving consumer preferences, particularly among millennials who favor text communication. The integrated webchat plugin will be included at no additional cost, enabling businesses to engage visitors seamlessly.

Thryv Holdings (NASDAQ:THRY) announced Jonathan Morris as the closing keynote speaker for its Connect21 event on November 10-11, 2021. Morris, host of Magnolia Network's 'Self-Employed', will share his entrepreneurial journey, highlighting his successes like Fort Worth Barber Shop and Hotel Dryce. The event aims to empower small business owners with strategies for growth and networking opportunities. Thryv supports over 45,000 businesses with its customer experience platform, emphasizing the importance of community and resilience in entrepreneurship.

Thryv Holdings (NASDAQ:THRY) is set to release its third quarter 2021 financial results on November 11, 2021, before market opening. Following the release, a conference call will occur at 8:30 a.m. ET hosted by CEO Joe Walsh and CFO Paul Rouse, discussing the results. Investors can register for the call through the provided link or via the company's Investor Relations website. Thryv provides a software platform for small businesses, enabling them to enhance their client experience. Over 45,000 businesses currently benefit from Thryv's solutions.

Thryv Holdings, Inc. (NASDAQ:THRY) reports a significant increase in product usage among small businesses, with in-app features adoption growing by up to 260% in 2021. Notably, appointment scheduling usage grew 74%, automated email marketing 56%, and document management 40%. Clients are spending 28% more time on the platform. Thryv also experienced a 20% quarter-over-quarter increase in payment transactions, enabling small business owners to streamline operations and improve client communication.