New insider activity at Thryv Holdings ( (THRY) ) has taken place on March 4, 2025.
Director Joe Walsh has made a significant investment in Thryv Holdings by purchasing 5,000 shares of the company’s stock, amounting to a total value of $82,250.
Recent Updates on THRY stock
Thryv Holdings, Inc. recently reported strong Q4 earnings, highlighting significant growth in its SaaS segment with a 41% year-over-year increase in revenue and a 50% rise in subscribers. The successful integration of Keap contributed to this growth, enhancing the company’s SaaS offerings and subscriber base. Despite a 40% decline in marketing services revenue, aligned with Thryv’s strategic shift away from this segment, the company’s focus on SaaS has led to improved margins and financial health, including a $61 million reduction in net debt. The company anticipates continued SaaS revenue growth and margin expansion into 2025, driven by the Keap acquisition and operational efficiencies. Challenges remain in the marketing services sector and a temporary leverage increase is expected, but the overall outlook remains positive due to the strategic emphasis on SaaS transformation.
More about Thryv Holdings
YTD Price Performance: 18.33%
Average Trading Volume: 504,532
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $747.7M