secwatch.observer — SEC 8-K summary
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Issuer:     Thryv Holdings, Inc. (THRY)
CIK:        0001556739
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001556739-24-000025
Event type: debt
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 2.02, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Thryv refinances with $350M term loan and $85M ABL, reports 24% SaaS revenue growth, authorizes $40M buyback
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- Entered $350M term loan and $85M ABL credit facilities with Citizens Bank, maturing 2029 and 2028 respectively.
- Q1 2024 SaaS revenue grew 24% to $74.3M; SaaS subscribers increased 30% to 70,000.
- Consolidated net income was $8.4M ($0.22 per diluted share); Adjusted EBITDA was $54.1M (23.2% margin).
- Board authorized $40M share repurchase program; raised full-year SaaS revenue guidance to $326-$329M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1556739/000155673924000025/0001556739-24-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1556739/000155673924000025/thryv-20240501.htm
  HTML page:      https://secwatch.observer/filing/0001556739-24-000025

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