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.
Thryv Holdings, Inc. (NASDAQ:THRY) reported growth in its multi-location brand portfolio for the first three quarters of 2021. Emerging franchises like Class 101, Play Crew On The Go, and Veteran’s Pool Company are now using Thryv software to streamline operations and enhance profitability. Enterprise Channel Sales Director Matthew Gourgeot highlighted the company's mission to help franchises scale effectively. Thryv, known for its SaaS solutions since 2015, also launched Hub by Thryv® to assist clients in optimizing franchise management.
Thryv Holdings (NASDAQ:THRY) reports significant growth in small business adoption of its technology, with in-app feature usage increasing by up to 260% in 2021. Following COVID-19, 63% of small business decision-makers now leverage digital tools to enhance customer experiences. Thryv's platform shows marked engagement with year-to-date increases in SMS reminders (+138%) and social media management (+261%). Adoption of online invoicing is up by 54%, and payment transaction volume via ThryvPay rose 150%. Thryv remains committed to helping small businesses thrive in a digital-first landscape.
Thryv Holdings (NASDAQ:THRY) has launched a Google My Business (GMB) Optimization add-on to enhance online visibility for small businesses. This feature aims to simplify the management of GMB listings, which are crucial for attracting customers. Thryv has expanded its connected GMB profiles from under 1,000 to over 30,000 in two years. Businesses using the optimization have reported significant increases in customer engagement, with metrics such as a 43% rise in directions requests and a 22% increase in phone calls within 30 days. The service is available in the U.S. and Australia.
Thryv Holdings (NASDAQ:THRY) announced the schedule for its annual conference, Connect21, set for November 10-11, 2021. This virtual event aims to support small businesses by sharing strategies and tips for growth in the digital age. Attendees will benefit from insights from industry experts, including keynote speakers Ramon Ray and Jonathan Morris. The event emphasizes networking and learning pertinent to managing businesses and enhancing customer engagement. Registration is currently open, but spaces are limited.
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.
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.
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.
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.
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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