Thryv reports Q1 SaaS revenue up 50% YoY, net loss $9.6M; corrects FY Marketing Services guidance to $315-318M

Thryv Holdings, Inc.

2025-Q1 EPS reported -$0.22 revenue$181,371,000

SaaS revenue $111.1M (+50% YoY); Marketing Services $70.2M (-56% YoY); total revenue $181.4M (-22%).
Net loss $9.6M ($0.22 diluted loss) vs net income $8.4M ($0.22 diluted) in Q1 2024.
Consolidated Adjusted EBITDA $20.9M (11.5% margin); SaaS Adjusted EBITDA $10.8M (9.7% margin).
FY 2025 Marketing Services Revenue guidance corrected to $315M-$318M from $310M-$314M in original release.
Seasoned NRR reached record 103% (+900 bps YoY ex-Keap); SaaS clients up 59% YoY to 111K.

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