Thryv Q1 SaaS revenue surges 50% to $111M; net loss of $9.6M vs year-ago profit

Thryv Holdings, Inc.

2025-Q1 EPS reported -$0.22 revenue$181,371,000

SaaS revenue $111.1M (+50% YoY); marketing services revenue $70.2M (-56% YoY).
Net loss $9.6M ($0.22 loss/diluted share) vs net income $8.4M ($0.22 EPS) in Q1 2024.
Consolidated adjusted EBITDA $20.9M (11.5% margin); SaaS adjusted EBITDA $10.8M (9.7% margin).
Seasoned NRR 103% (+900 bps YoY ex-Keap); SaaS clients 111k (+59% YoY).
Q2 SaaS revenue guidance $113-$115M; FY2025 SaaS revenue $460.5-$471.0M.

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