earnings
confidence high
sentiment positive
materiality 0.75
Thryv beats Q2 with SaaS revenue up 26% YoY; raises FY22 guidance
Thryv Holdings, Inc.
2022-Q2 EPS reported
$2.47
revenue$642,370,000
- Total SaaS revenue $52.2M (+26.1% YoY); Marketing Services $281.8M (+12.9%); consolidated $334M (+14.8%).
- Net income $58M; consolidated Adj EBITDA $116M (34.7% margin).
- FY22 guidance raised: SaaS rev $209.5-211M (prev $208-209M); Mktg Svcs rev $955-970M (prev $905-920M).
- Mktg Svcs Adj EBITDA guided to $335-340M (~35% margin); SaaS Adj EBITDA loss narrowed to $16-19M loss.
- Hired Tami Cannizzaro as CMO to drive subscriber growth through inbound and local sales channels.