earnings
confidence high
sentiment neutral
materiality 0.75
Thryv Q1 SaaS rev +24% to $59.9M; net income $9.3M; acquires Yellow Holdings NZ
Thryv Holdings, Inc.
2023-Q1 EPS reported
$0.25
revenue$245,555,000
- SaaS revenue $59.9M (+24.4% YoY); SaaS clients up 15% to 54k; ARPU $379.
- Marketing Services revenue $185.6M (-28.7% YoY); FY2023 guidance raised to $653-663M.
- Consolidated net income $9.3M ($0.25 diluted EPS) vs $33.5M ($0.88) YoY.
- Acquired Yellow Holdings Limited (New Zealand), adding >10,000 digital clients.
- Q2 SaaS guidance $63-63.5M; FY SaaS revenue guidance $257-259M; SaaS EBITDA profitable by Q4.