earnings
confidence high
sentiment neutral
materiality 0.80
Thryv Q3 SaaS revenue +29% to $87.1M; closes Keap acquisition; raises FY SaaS guidance
Thryv Holdings, Inc.
2024-Q3 EPS reported
-$2.28
revenue$637,560,000
- SaaS revenue $87.1M (+29% YoY); Marketing Services revenue $92.8M (-20% YoY).
- Consolidated net loss $96.1M includes $83.1M goodwill impairment for Marketing Services.
- Adjusted EBITDA $19.6M (10.9% margin); SaaS Adjusted EBITDA $10.3M (11.8% margin).
- Seasoned NDR 101% (+900 bps YoY); SaaS clients up 45% to 96k; ARPU $307.
- Closed Keap acquisition Oct 31; expects $11-12M SaaS revenue in Q4 from Keap.