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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 (NASDAQ: THRY) has introduced AI-enhanced social media capabilities into its Thryv Marketing Center™, addressing the needs of small businesses who see social media as a key area for AI impact. The new Social Media Management Tool connects various social platforms, allowing businesses to manage their online presence efficiently.
Key features include:
- AI-generated social content with customizable captions
- A content library organized by topic
- Content recommendations with integrations for articles and images
- Social scheduling capabilities
- Engagement tracking across all connected channels
This tool aims to simplify social media marketing for small businesses, helping them create and manage content effectively without constant online presence. Thryv's Chief Product Officer, Rees Johnson, emphasizes the importance of social media in customer engagement and how this AI-enhanced tool addresses the time and creativity constraints faced by small businesses.
Thryv Holdings, Inc. (NASDAQ:THRY), a leading provider of small business software, has announced the release of its third quarter 2024 financial results on Thursday, November 7, before the market opens. The company will host a conference call at 8:30 a.m. ET to discuss the results with investors.
To participate in the conference call, interested parties can register using the provided link or visit Thryv's Investor Relations website. A live webcast will also be available on the company's Investor Relations section. After the event, downloadable files of the press release and an audio replay will be accessible on Thryv's website.
Thryv Holdings (NASDAQ:THRY), the provider of the leading small business software platform Thryv®, has announced an Analyst Day scheduled for Tuesday, December 3, 2024. The event will begin at 9 a.m. ET in New York City at the NASDAQ Marketsite.
During this event, the Thryv team will present to the investment community, covering topics such as business performance, outlook, and key strategic priorities. Presenters will include Chairman & CEO Joe Walsh, President Grant Freeman, CFO Paul Rouse, and other executive team members.
For those unable to attend in person, a live webcast of the event and presentation materials will be accessible on Thryv's Investor Relations page at investor.thryv.com. Interested parties can register to attend through the provided link.
Thryv Holdings, the provider of the leading small business software platform Thryv®, announced its participation in the B. Riley Securities' 2024 Consumer & TMT Conference. The event is scheduled for September 12, 2024, in New York City. Members of Thryv's management team will be hosting meetings during the conference.
This participation highlights Thryv's engagement with investors and industry professionals. The conference provides an opportunity for Thryv to showcase its software platform and discuss its position in the small business technology market. As a NASDAQ-listed company (THRY), Thryv's presence at such events can be significant for investors and market analysts tracking the technology and small business sectors.
Thryv Holdings (NASDAQ:THRY) reported strong Q2 2024 results, with SaaS revenue growing 25% year-over-year to $77.8 million. The company saw a 52% increase in SaaS subscribers, reaching 85,000 clients. Despite this growth, total revenue decreased 11% to $224.1 million due to a 23% decline in Marketing Services revenue.
Key financial highlights include:
- Consolidated net income of $5.5 million ($0.15 per diluted share)
- Consolidated Adjusted EBITDA of $59.3 million (26.5% margin)
- SaaS Adjusted EBITDA of $10.2 million (13.1% margin)
- ThryvPay total payment volume increased 34% year-over-year to $80 million
Thryv raised its full-year 2024 SaaS Adjusted EBITDA guidance and projects Q3 2024 SaaS revenue between $82-$84 million.
Thryv (NASDAQ: THRY), a leading small business software platform provider, has been named to Selling Power's 60 Best Companies to Sell For list for the seventh consecutive year. This recognition highlights Thryv's commitment to supporting small businesses and its sales team excellence. The ranking is based on five key areas: company overview, compensation and benefits, hiring and training, diversity and inclusion, and AI incorporation in sales processes.
Thryv's Chief Revenue Officer, Jim McCusker, emphasized the company's dedication to helping SMBs modernize operations and grow in a competitive environment. The recognition underscores Thryv's focus on expertly trained sales staff, client success managers, and evolving software offerings.
Thryv Holdings, a provider of small business software platforms, will release its second quarter 2024 financial results on Thursday, August 1, before the market opens. This announcement will be followed by a conference call at 8:30 a.m. ET to discuss the results. Interested parties can register for the call through a link on Thryv's Investor Relations website, where a confirmation email with dial-in details and a unique entry code will be provided. Additionally, a live webcast and downloadable files of the press release and call replay will be available on the same website.
Thryv Holdings (NASDAQ:THRY), a leading small business software provider, has been named to Newsweek's Top 100 Global Most Loved Workplaces for 2024. This is the company's first appearance on the global list, having previously been recognized twice on the U.S. list. The ranking is based on feedback from over 2 million employees across various countries, including the U.S., Australia, and Canada. Thryv secured the 72nd spot, reflecting its commitment to a culture of inclusion and collaboration. CEO Joe Walsh and other executives highlighted the importance of employee sentiment and satisfaction in achieving this recognition.
Thryv Holdings, a provider of the Thryv small business software platform, announced its participation in upcoming investor conferences.
The management team will host 1:1 meetings at the William Blair 44th Annual Growth Stock Conference on June 4, 2024, at 2:20 p.m. ET, taking place at the Loews Chicago Hotel in Chicago, Illinois.
They will also be present at the Baird 2024 Global Consumer, Technology & Services Conference on June 5, 2024, at 2:35 p.m. ET, held at the InterContinental New York Barclay in New York.
According to a recent Thryv survey, 51% of small businesses expect to adopt AI by the end of 2025, up from the current 39%. This survey, conducted in April 2024 among 530 small business owners, reveals that more than half of current AI users anticipate monthly savings between $500-$2,000 and up to 20 hours.
Key benefits include offloading repetitive tasks (73%), regaining personal time (67%), and alleviating resource constraints (58%). AI adoption varies by age and business size, with younger owners and larger businesses more likely to use AI.
Despite the benefits, nearly a third of respondents worry about unintended consequences, such as unconscious bias. Additionally, some small businesses remain skeptical, citing AI's novelty and trust issues. Thryv's AI tools aim to simplify transitions by integrating AI directly into small business workflows.
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