secwatch.observer — SEC 8-K summary
======================================

Issuer:     Thryv Holdings, Inc. (THRY)
CIK:        0001556739
Form:       8-K/A
Filed at:   2025-05-01T23:59:59+00:00
Accession:  0001140361-25-016905
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1556739/000114036125016905/0001140361-25-016905-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1556739/000114036125016905/ef20048349_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-016905

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer