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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, Inc. (NASDAQ:THRY) recently announced its recognition in the G2 Fall 2021 Report, winning multiple awards for its customer experience platform designed for small businesses. Thryv has been named a Leader for Small Businesses for two consecutive years and received accolades for Fastest Implementation and Highest User Adoption. Additionally, it moved to the Top 20 CRM platforms for Small Business. The ongoing positive recognition highlights Thryv's strong user satisfaction, suggesting robust market performance and competitiveness within its sector.

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Thryv Holdings, Inc. (NASDAQ:THRY) reported strong financial results for Q2 2021, indicating substantial growth in its SaaS segment. U.S. SaaS revenue reached $41.4 million, a 32.3% year-over-year increase. Consolidated total revenue was $291.0 million, with a net income of $24.4 million. The company raised its revenue guidance for the SaaS segment to $157 - $160 million, growing by 21 to 23%. Thryv also saw improvements in client retention and user engagement, with active users increasing by 27% year-over-year.

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Thryv's podcast series “Winning on Main Street” offers valuable insights for small businesses aiming to modernize and automate their operations. The latest episode features John Jantsch, creator of the 'Duct Tape Marketing System', alongside past guests like Carol Roth, Al Levi, and Jeffrey Shaw, who share strategies on customer loyalty, scaling businesses, and attracting the right customers. The podcast aims to help small business owners meet changing consumer expectations post-pandemic and navigate the new business landscape.

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Thryv Holdings, Inc. (NASDAQ:THRY) announced its shortlist nomination for the 2021 SaaS Awards in the category of Best SaaS Product for Customer Services/CRM. This marks the second consecutive year Thryv has been recognized, highlighting its software's effectiveness in improving customer interactions. Thryv's platform, which supports over 40,000 small businesses, offers various functionalities including communication, invoicing, and payment processing. The award winners will be announced on August 31, 2021, further validating Thryv's impact in enhancing customer experience.

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Thryv Holdings, Inc. (NASDAQ:THRY) has launched a suite of free online tools aimed at assisting small business owners. These tools include an Invoice Generator, which allows users to create customized invoices quickly, and a Google Review Link Generator to help businesses increase their online reviews—a crucial factor for local search rankings. Additionally, the Online Experience Scan tool, used by over 200,000 businesses, assesses online presence and provides improvement tips. Thryv continues to expand its offerings to support small businesses in achieving a polished digital presence.

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Thryv Holdings, Inc. (NASDAQ:THRY) will announce its Q2 2021 financial results on August 11, 2021, before the market opens. Following the release, a conference call will take place at 8:30 a.m. ET, featuring Joe Walsh, CEO, and Paul Rouse, CFO, to discuss the results with investors. The company supports over 40,000 SaaS clients with its Thryv® software, enhancing business operations for small-to-medium-sized businesses globally. Thryv has recently acquired Sensis, Australia's largest print directory publisher.

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Thryv Holdings, Inc. (NASDAQ:THRY) announces continued recognition for its software suite aimed at small businesses, securing multiple industry awards from verified user reviews. Thryv has been named a Leader in G2’s Summer 2021 Reports for seven consecutive quarters, reflecting its ease of use and high user adoption rates. Additionally, Thryv's Relationship Index has improved in social media management and marketing automation. The company emphasizes its commitment to supporting small businesses by providing essential software solutions and customer service.

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Thryv Holdings (NASDAQ:THRY) has been recognized for the fifth consecutive year in Selling Power's 50 Best Companies to Sell For list, improving its rank to 11th in 2021. The evaluation assessed various aspects such as compensation and benefits, sales culture, and training. Thryv's software supports small businesses by enhancing customer engagement and operational efficiency, helping over 40,000 clients navigate a challenging digital marketplace during the pandemic. The company's mission focuses on empowering small businesses to thrive in today's economy.

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Thryv Holdings (NASDAQ:THRY) announced that CEO Joe Walsh will present at the 21st Annual CJS Securities New Ideas Summer Conference on July 13, 2021, at 11:40 a.m.. The event will be accessible via live webcast on Thryv’s Investor Relations page, along with an archived replay available afterward. Thryv provides an end-to-end client experience platform that supports over 40,000 small business clients by offering customer management software that enhances their operations and customer engagement.

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FAQ

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

The current stock price of Thryv Holdings (THRY) is $14.9 as of November 22, 2024.

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

The market cap of Thryv Holdings (THRY) is approximately 645.2M.

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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645.25M
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5.68%
84.43%
5.36%
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