THRY
Thryv Holdings, Inc.5.79
+0.06+1.05%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
254.39MP/E (TTM)
11.58Basic EPS (TTM)
0.50Dividend Yield
0%Recent Filings
8-K
Thryv Q3 SaaS surges 33%
Thryv Holdings reported Q3 2025 results on October 30, with SaaS revenue surging 33% year-over-year to $115.9 million, fueled by the Keap acquisition and 19% ARPU growth to $365, while Marketing Services revenue dipped 8% to $85.7 million. Consolidated revenue hit $201.6 million, up 12%, with Adjusted EBITDA climbing to $40.8 million at a 20.3% margin, and net income turning positive at $5.7 million versus last year's $96.1 million loss. SaaS clients grew 7% to 103,000. Guidance projects full-year SaaS revenue of $460-463 million, but forward-looking statements carry risks like integration challenges.
10-Q
Q3 FY2025 results
Thryv Holdings swung to profitability in Q3 FY2025 ended September 30, 2025, posting $201.6M revenue—up 12.1% y/y—fueled by 33.1% SaaS growth to $115.9M from Keap's acquisition and client conversions, while Marketing Services dipped 7.7% y/y to $85.7M amid print timing and digital shifts. Gross margin climbed to 67.7% from 62.3%, operating income hit $20.0M versus a $88.6M loss, and diluted EPS turned positive at $0.13 from -$2.65, reconciling cleanly to 44.5M shares. Operating cash flow for the nine months stood at $41.3M, yielding $18.8M free cash flow (derived) after $22.5M capex, with $11.6M cash and $14.1M ABL availability against $268.2M debt maturing 2028-2029. The October 2024 Keap buy closed for $77.0M cash, adding $34.9M goodwill and $33.3M intangibles amortized over undisclosed lives, targeting SaaS synergies. Yet competition from giants like Google pressures digital margins.
8-K
Thryv Q2 SaaS surges 48%
Thryv Holdings reported Q2 2025 results with SaaS revenue surging 48% year-over-year to $115.0 million, fueled by the Keap acquisition, while Marketing Services revenue dropped 35% to $95.5 million. Consolidated revenue fell 6% to $210.5 million, yet net income climbed to $13.9 million and Adjusted EBITDA held at $51.2 million with a 24.3% margin. SaaS clients hit 106 thousand, up 25%, and the firm raised full-year 2025 guidance to $460.0-$465.0 million in SaaS revenue. Debt reduction eases leverage, but Marketing Services decline persists.
10-Q
Q2 FY2025 results
Thryv's Q2 revenue dipped 6.1% y/y to $210.5M, yet SaaS surged 47.8% to $115.0M on Keap's $17.7M boost and client conversions, while Marketing Services fell 34.7% to $95.5M amid print cycle shifts and digital churn. Gross margin edged up to 69.7% from cost controls, driving operating income steady at $29.5M; diluted EPS climbed to $0.31 from $0.15, reconciling neatly with 44.3M shares. Operating cash flow for H1 totaled $19.1M, yielding $4.2M free cash flow after $15.0M capex, with $10.8M cash and $14.0M ABL availability against $275.6M debt (SOFR+6.75%, due 2029). Keap closed Oct 2024 for $77.0M cash, adding $34.9M goodwill to SaaS. SEC probes loom over client transitions.
8-K
Thryv elects directors, ratifies auditors
Thryv Holdings' stockholders, at the June 12, 2025 annual meeting, elected Ryan O'Hara and Lou Orfanos as Class II directors for three-year terms, with O'Hara facing notable withheld votes at 6.8 million amid 4 million broker non-votes. They ratified Grant Thornton as auditors for 2025 with overwhelming support, approved executive compensation on an advisory basis, and backed an amendment easing future charter changes. Board refreshment strengthens governance. Yet, divided director support signals scrutiny.
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