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 strong fourth quarter and fiscal year 2020 results, confirming 2020 growth and profitability. SaaS revenue reached $34.9 million, up 8% year-over-year, while Marketing Services revenue was $212.1 million. Total revenue amounted to $246.9 million, exceeding guidance. Net income stood at $109.8 million with an adjusted EBITDA of $71.6 million. For 2021, guidance for SaaS revenue was raised to $140 - $145 million, reflecting positive growth outlook. The acquisition of Sensis is a milestone for global expansion.
Thryv, Inc. (NASDAQ:THRY) announced that CEO Joe Walsh purchased 200,000 shares of the company from Mudrick Capital at an average price of $18.67 on March 17, 2021. Walsh expressed confidence in Thryv's growth, highlighting the company's role in empowering small businesses through its end-to-end customer experience platform. Thryv supports over 40,000 SaaS clients globally, providing tools for marketing, customer management, and payment processing.
Thryv, Inc. (NASDAQ:THRY) will release its fourth quarter and full year 2020 financial results on March 25, 2021, prior to market opening. A conference call will follow at 8:30 a.m. ET, featuring CEO Joe Walsh and CFO Paul Rouse. Thryv provides client experience software for small businesses and supports over 40,000 SaaS clients. The platform offers features like automated marketing, appointment scheduling, and payment processing, helping SMBs manage their operations effectively. More than 300,000 SMBs use Thryv's services to compete in the market.
Thryv Holdings (NASDAQ:THRY) announced enhancements to its customer relationship management (CRM) platform, allowing users to manage multiple jobs, projects, and cases under a single contact. This feature offers sector-specific configurations, catering to diverse industries like healthcare and real estate. Starting March 1, 2021, new customers will receive a preconfigured CRM tailored to their industry, while existing clients can easily transition. The update aims to improve organizational efficiency and customer experience, as noted by users and company representatives.
Thryv Holdings, a provider of client experience software, announced that CEO Joe Walsh will present at the Stephens 2021 Virtual Best Ideas Conference on March 10 at 10:00 a.m. ET. A live webcast will be accessible via Thryv’s Investor Relations page, with an archived replay available afterward.
Thryv's platform serves over 40,000 SMB clients, helping them manage daily operations. The software includes features for appointment scheduling, marketing automation, and payment processing, allowing businesses to enhance customer engagement and streamline operations.
Thryv Holdings, Inc. (NASDAQ:THRY) has successfully closed the acquisition of Sensis, a leading digital marketing and directory services provider in Australia, for approximately $200 million in cash. This acquisition will bring over 100,000 Sensis customers into Thryv's portfolio, allowing the company to deliver cloud-based software solutions to Australian small and medium businesses (SMBs). The acquisition is aimed at enhancing SMB competitiveness in a post-pandemic economy and marks Thryv's expansion into international markets, following its strategy of modernization and digital efficiency.
Thryv Holdings, Inc. (NASDAQ:THRY) announced preliminary, unaudited financial results for Q4 and fiscal year 2020, surpassing guidance expectations. Q4 SaaS revenue reached $34.9 million, an 8% year-over-year increase, while total revenue hit $246.9 million. Fiscal year SaaS revenue was $129.8 million, exceeding guidance. Net income for Q4 was $109.8 million, and adjusted EBITDA was $71.6 million. The company anticipates 2021 SaaS revenue between $139-$143 million, indicating solid growth prospects.
Thryv Holdings, Inc. (NASDAQ:THRY) announces that CEO Joe Walsh will speak at the Virtual KeyBanc Capital Markets 2021 Emerging Technology Summit at 10:55 a.m. ET on February 23. Investors can access a live webcast on Thryv's Investor Relations page, with an archived replay available afterward. Thryv provides software designed to enhance client experiences for small businesses, supporting over 40,000 clients. Its platform includes various business management functions, enabling SMBs to streamline operations and improve customer interactions.
Thryv (NASDAQ:THRY) has announced a strategic partnership with Lendio, enhancing financial assistance options for small businesses. This collaboration aims to simplify the loan application process for American businesses, especially amidst the ongoing need for financial support due to the COVID-19 pandemic. Thryv will integrate Lendio into its App Marketplace, allowing users to apply for PPP loans and other financing options easily. Lendio has previously facilitated over $8 billion in PPP loans, aiming to support small businesses in accessing crucial capital.
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