Financial PerformanceSaaS profitability showed substantial improvement with adjusted EBITDA margins of 11.8%, underscoring the segment's ability to generate cash to meet debt obligations.
SaaS GrowthThryv's SaaS business experienced significant growth with 11,000 net customer additions, resulting in a 29% increase in revenue.
Strategic AcquisitionThe acquisition of Keap is anticipated to enhance Thryv's SaaS strategy, offering automation capabilities and a superior CRM product to boost sales growth.