Thryv Holdings Inc. (THRY)
NASDAQ (CM) NASDAQ (CM) Primary 
Thryv Holdings, Inc. (THRY) Reports Q3 Loss, Lags Revenue Estimates
Thryv Holdings, Inc. (THRY) came out with a quarterly loss of $2.65 per share versus the Zacks Consensus Estimate of a loss of $2.53. This compares to loss of $0.78 per share a year ago.
Thryv: Strong Q3 Preliminary Results Overshadowed By The Equity Offering
Preliminary Q3 results show growth in Thryv's SaaS business accelerating to nearly 30% year over year, with adjusted EBITDA margins close to 12%. The company has signed an agreement to acquire a complementary business, which posted $85 million in trailing twelve-month revenue, for $80 million in cash. The equity offering to raise cash was done at a share price of $14.
Thryv Q2 Earnings: Weaker FCF Could Slow Down Its Deleveraging Efforts
Q2 results show the SaaS business continuing to grow at 25% with double-digit adjusted EBITDA margins. A sharp decline in marketing services billings together with weak FCF generation this quarter is a cause for concern. I expect stronger FCF generation in the second half of the year, which will help reduce the company's debt and alleviate investor concerns.
Thryv Holdings, Inc. (THRY) Q2 2024 Earnings Call Transcript
Thryv Holdings, Inc. (NASDAQ:THRY ) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Cameron Lessard – Assistant VP, IR & Treasury Joe Walsh – Chairman & CEO Paul Rouse – CFO Conference Call Participants Arjun Bhatia - William Blair Scott Berg - Needham & Company Daniel Moore - CJS Securities Robert Oliver - Robert W. Baird Zachary Cummins - B.
Thryv Holdings, Inc. (THRY) Q2 Earnings Miss Estimates
Thryv Holdings, Inc. (THRY) came out with quarterly earnings of $0.33 per share, missing the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.43 per share a year ago.
Thryv Holdings: More Attractive Now With Debt Risk Mitigated
Shares have dropped over 25% since Q1 earnings, where strong performance in the SaaS business was overshadowed by a rapid decline in the company's legacy business. Management has successfully extended the company's debt maturity until 2029, giving it ample time to pay down the remaining debt. Shares are attractively priced and offer significant upside based on my conservative expectations.
