secwatch.observer — SEC 8-K summary
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Issuer:     Thryv Holdings, Inc. (THRY)
CIK:        0001556739
Form:       8-K
Filed at:   2025-05-01T23:59:59+00:00
Accession:  0001556739-25-000039
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1556739/000155673925000039/0001556739-25-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1556739/000155673925000039/thryv-20250501.htm
  HTML page:      https://secwatch.observer/filing/0001556739-25-000039

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer