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) is set to release its first quarter 2023 financial results on May 4 before market opening. A conference call will follow at 8:30 a.m. ET to discuss these results with the investment community. Thryv is known for its small business software platform, Thryv®, which aids over 50,000 businesses in managing their operations effectively. Additionally, the company provides marketing services to more than 400,000 businesses, enhancing their digital and print presence.
Investors can register for the call using the provided link and access a live webcast on Thryv's Investor Relations website. Downloadable files and an audio replay will be available post-event.
Thryv Holdings, Inc. (NASDAQ:THRY) announced significant updates to its SaaS platform aimed at enhancing small business operations. Key features include the launch of ThryvPay, a mobile card reader promoting streamlined payments; TeamChat, enhancing team communication; and an automated Signatures tool for easier document management.
Thryv's platform now boasts over 40,000 active users, a 30% increase year-over-year. The integration of calendar sync with Google and Outlook further boosts productivity. These innovations address the evolving needs of small businesses, ensuring they remain competitive in changing markets.
Thryv Holdings, Inc. (NASDAQ:THRY) reported robust year-over-year growth in its fourth quarter of 2022, with SaaS revenue rising 25% to $59.3 million and a consolidated total revenue increase of 14.3% to $279.4 million. The company surpassed all guidance metrics, with total SaaS clients growing 13% and monthly active users up 37%. However, a non-cash goodwill impairment charge impacted the net income, resulting in a net loss of $50.4 million. Looking ahead, Thryv is optimistic about maintaining SaaS revenue growth and has issued revenue guidance for 2023, projecting SaaS revenue between $257 million and $259 million.
FAQ
What is the current stock price of Thryv Holdings (THRY)?
What is the market cap of Thryv Holdings (THRY)?
What does Thryv Holdings, Inc. do?
What are the main segments of Thryv Holdings?
When was Thryv Holdings founded?
How many businesses does Thryv Holdings partner with?
What are some of the services offered by Thryv Holdings?
Which segment generates the most revenue for Thryv Holdings?
What recent achievements has Thryv Holdings accomplished?
What are Thryv Holdings' current projects?
Has Thryv Holdings expanded internationally?
What is the business goal of Thryv Holdings?
