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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) will announce its fourth-quarter and full-year 2022 financial results on February 23 before market opening. A conference call is scheduled for 8:30 a.m. ET the same day to discuss these results with investors. Thryv, known for empowering small to medium-sized businesses (SMBs) with its software platform, serves over 50,000 businesses globally, aiding them in modernizing operations and enhancing competitiveness. The company also manages digital and print presence for more than 400,000 businesses, connecting them to local consumers.

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Thryv Holdings, Inc. (NASDAQ:THRY) announced its executive management will host one-on-one meetings at two investor conferences. The first is the 25th Annual Needham Growth Conference on January 10 at the Lotte New York Palace Hotel, and the second is the CJS Securities 23rd Annual New Ideas for the New Year on January 11, which will be held virtually. Thryv provides a SaaS platform that supports small to medium-sized businesses, with over 50,000 using its services to enhance operations and connect with local consumers.

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Thryv Holdings, Inc. (NASDAQ:THRY) has launched Marketing Center, a comprehensive platform designed for small businesses to enhance their marketing efforts and customer engagement. Following a successful beta, the service is now available in the U.S. and plans international expansion in 2023. Marketing Center integrates with various platforms, offering tools for tracking customer interactions, optimizing marketing strategies, and providing insights into ROI. Offered at $199 per month, the service includes AI-driven recommendations to assist business owners in maximizing efficiency and understanding their marketing performance.

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Thryv Holdings, Inc. (NASDAQ:THRY) announced its participation in two upcoming investor conferences. The RBC Global Technology, Internet, Media, and Telecom Conference will be held on November 16, with a presentation at 9:25 a.m. ET, available via live webcast on their investor site. The 12th Annual Needham Virtual SaaS 1x1 Conference will follow on November 17. Thryv, a software platform for small to medium-sized businesses, supports over 50,000 businesses globally, managing their operations and digital presence.

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Thryv Holdings, Inc. (NASDAQ:THRY) reported strong third-quarter 2022 growth, with SaaS revenue increasing by 26% year-over-year to $56.6 million. The company raised its revenue guidance for full-year 2022 due to exceeding expectations. Total consolidated revenue was $280.7 million, but down 5.6% year-over-year. Adjusted EBITDA was $65.4 million, reflecting a margin of 23.3%. Thryv also announced plans for international expansion, including a new headquarters in Toronto. However, Marketing Services revenue decreased by 11.2%.

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Thryv Holdings, Inc. (NASDAQ:THRY) is expanding its operations in Canada with direct investments and a new regional headquarters in Toronto. The initiative aims to support over 1.5 million small- to medium-sized businesses (SMBs) in the region by providing cloud-based services through partnerships, including an alliance with GetintheLoop and the Canadian Franchise Association. Thryv will be featured in the Small Business Week from Oct. 16-22, promoting its tools for entrepreneurs' success.

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Thryv Holdings, Inc. (NASDAQ:THRY) will release its Q3 2022 financial results on November 3, 2022, before market opening. A conference call to discuss the results will follow at 8:30 a.m. ET, featuring CEO Joe Walsh and CFO Paul Rouse. Registration for the call is encouraged in advance. Thryv, a leading software platform for small businesses, supports over 50,000 businesses with its SaaS platform and manages digital presence for over 400,000 businesses across the U.S. and internationally.

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Thryv Holdings, Inc. (NASDAQ:THRY) has been awarded the 2022 Merit Awards for Technology in the Software and Apps category, recognizing its impactful solutions for small- to medium-sized businesses. This award highlights the importance of digital payment technologies and contactless services in aiding businesses to thrive. Thryv's commitment to enhancing operational efficiency through innovative technology has contributed to its growth, with over 50,000 businesses utilizing its SaaS platform to improve performance and customer engagement.

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FAQ

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

The current stock price of Thryv Holdings (THRY) is $14.9 as of November 22, 2024.

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

The market cap of Thryv Holdings (THRY) is approximately 645.2M.

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

645.25M
39.53M
5.68%
84.43%
5.36%
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