An update from Thryv Holdings ( (THRY) ) is now available.
In the fourth quarter of 2024, Thryv Holdings reported a significant increase in Total SaaS revenue by 41% year-over-year, marking a pivotal shift as SaaS now constitutes the majority of its revenue. The integration of Keap, a marketing automation company for SMBs, contributed to a 73% increase in total SaaS subscribers. Despite a 21% decline in consolidated total revenue, Thryv achieved a consolidated net income of $7.9 million, reversing a loss from the previous year. The company anticipates continued growth and profitability in 2025, driven by its expanded SaaS offerings and operational efficiencies.
More about Thryv Holdings
Thryv Holdings, Inc. is a provider of Thryv®, a leading small business marketing and sales software platform. The company focuses on serving small and medium-sized businesses (SMBs) with marketing automation and sales solutions.
YTD Price Performance: 27.73%
Average Trading Volume: 488,256
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $782.5M
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