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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 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.

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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.

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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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Thryv Holdings (NASDAQ:THRY) announces integration with Gmail, enhancing its customer experience platform for small businesses. This allows Thryv clients to access all data directly in their Gmail account, streamlining communication. Additionally, Thryv packages now include a professional domain-based Gmail email account. This integration simplifies business management and improves customer interactions. With over 1.8 billion Gmail users, Thryv aims to professionalize users' email communications and eliminate data entry redundancy, ultimately enhancing overall efficiency.

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Thryv Holdings, Inc. (NASDAQ:THRY) has been recognized as a leader in 13 categories in the G2 Winter 2021 Reports, marking its highest quarterly accolades. The company continues to excel in various software sectors, particularly for small businesses, and has maintained its status as a leader for five consecutive quarters. Additional recognition includes awards from Digital.com and Capterra. Thryv's comprehensive platform offers CRM, marketing automation, and payment solutions, enhancing service-driven businesses. The recent launch of ThryvPay aims to further boost market presence and user satisfaction.

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Thryv Holdings, a leading provider of client experience software for small businesses, will have CEO Joe Walsh speaking at the Needham Virtual Growth Conference on January 11, 2021, at 4:15 p.m. ET. Interested parties can access a live webcast on Thryv’s Investor Relations page, followed by an archived replay available for a limited time. Thryv serves over 40,000 SaaS clients and supports 360,000 small and medium-sized businesses across the U.S. with a comprehensive platform that simplifies operations and enhances customer engagement.

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Thryv, Inc. (NASDAQ:THRY) announced significant milestones for ThryvPay, reaching over $2 million in payment volume from more than 6,100 transactions since its launch in late October 2020. The platform is set to onboard 900 merchants within 90 days. Enhancements include SMS payment capabilities, catering to the increasing demand for contactless transactions. With a focus on small businesses, Thryv continues to evolve its integrated customer experience software, providing essential tools for modern payment processing.

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Thryv Holdings, Inc. (NASDAQ:THRY) is negotiating the acquisition of Sensis Holding Limited, a leading marketing solutions provider for small businesses in Australia. This strategic move targets the market of 2.3 million small businesses, enhancing Thryv's capabilities in an evolving digital landscape. The acquisition aims to leverage Thryv's proven SaaS platform to streamline operations for Sensis's existing 100,000 clients, thereby expanding their customer base and driving growth. The transaction remains subject to board and regulatory approvals.

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FAQ

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

The current stock price of Thryv Holdings (THRY) is $14.16 as of December 23, 2024.

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

The market cap of Thryv Holdings (THRY) is approximately 609.0M.

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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THRY Stock Data

608.99M
40.38M
5.68%
84.47%
5.81%
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