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Thryv Holdings (THRY)
NASDAQ:THRY
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Earnings Data
Report Date
Feb 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-0.15Last Year’s EPS
-7.39Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 25, 2021
|% Change Since: 1.28%
|Next Earnings Date:Nov 12, 2020
Earnings Call Sentiment|Neutral
The earnings call highlighted strong growth in the SaaS segment, with significant improvements in gross margins and subscriber growth. However, there were notable challenges in the marketing services segment, including a decline in billings and a significant impairment charge. The acquisition of Keap is seen as a strategic move to bolster future growth.Company Guidance
During Thryv's Q3 2024 earnings call, the company provided guidance for the upcoming quarter and full year, highlighting several key metrics. For Q4, Thryv anticipates SaaS revenue to be between $90 million and $92 million, with full-year guidance raised to a range of $329.5 million to $331.5 million. The company expects SaaS adjusted EBITDA for Q4 to land between $9.5 million and $10.5 million, while the full-year guidance is increased to $33.5 million to $34.5 million. Marketing Services revenue for Q4 is projected to range from $81 million to $83 million, adjusting the full-year range to $479 million to $481 million, with the adjusted EBITDA for Marketing Services expected to be $125 million to $128 million for the full year. Additionally, following the recent acquisition of Keap, Thryv forecasts Keap will contribute $11 million to $12 million in revenue in the fourth quarter. These metrics are part of Thryv's broader strategy to transition customers to its SaaS platform, enhance gross margins, and maintain a strong financial position with proactive debt management.Strong SaaS Revenue Growth
SaaS revenue was $87.1 million in the third quarter, representing an increase of 29% year-over-year and up 12% sequentially.
Improved Gross Margins
SaaS adjusted gross margin increased by 560 basis points year-over-year and 250 basis points quarter-over-quarter to reach 72.2%.
Significant SaaS Subscriber Growth
SaaS subscribers reached 96,000, up from 70,000 in the prior quarter, a 13% sequential growth and 45% year-over-year increase.
Successful Keap Acquisition
The acquisition of Keap added over 15,000 quality customers, expected to generate approximately $11 million to $12 million in revenue for the fourth quarter.
Record Net Dollar Retention
Net dollar retention expanded to 101% in the third quarter, an increase of 900 basis points year-over-year.
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THRY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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THRY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $15.59 | $15.14 | -2.89% |
| Aug 01, 2024 | $19.48 | $18.73 | -3.85% |
| May 02, 2024 | $23.68 | $24.17 | +2.07% |
| Feb 22, 2024 | $21.15 | $19.17 | -9.36% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Thryv Holdings (THRY) report earnings?
Thryv Holdings (THRY) is schdueled to report earning on Feb 20, 2025, TBA Not Confirmed.
What is Thryv Holdings (THRY) earnings time?
Thryv Holdings (THRY) earnings time is at Feb 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is THRY EPS forecast?
THRY EPS forecast for the fiscal quarter 2024 (Q4) is -0.15.
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