earnings
confidence high
sentiment negative
materiality 0.75
Thryv Q3 SaaS revenue rises 19% to $67.4M; net loss $27M; full-year SaaS guidance raised
Thryv Holdings, Inc.
2023-Q3 EPS reported
-$0.05
revenue$680,798,000
- SaaS revenue $67.4M (+19% YoY); consolidated revenue $183.8M (-35% YoY) due to Marketing Services decline.
- Net loss $27M ($0.78 diluted loss) vs net income $13.3M last year; Adj EBITDA $7.3M vs $65.4M.
- SaaS subscribers up 29% to 66k; ARPU $365 (down from $377); Seasoned NDR 92% (+300bps QoQ).
- Full-year SaaS revenue guidance raised to $260-261M, SaaS Adj EBITDA $9.0-9.5M.
- Operating cash flow $45.9M; debt reduced by $42.5M on Term Loan.