Company Performance - Thryv Holdings, Inc. reported a quarterly loss of $0.22 per share, compared to the Zacks Consensus Estimate of $0.24, marking an earnings surprise of -191.67% [1] - The company posted revenues of $181.37 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 4.50%, but down from $233.62 million year-over-year [2] - Over the last four quarters, Thryv has surpassed consensus EPS estimates only once, while it has topped consensus revenue estimates three times [2] Stock Outlook - Thryv shares have declined approximately 7.4% since the beginning of the year, underperforming the S&P 500, which has seen a decline of -5.3% [3] - The current consensus EPS estimate for the upcoming quarter is $0.69 on revenues of $204.11 million, and for the current fiscal year, it is $2.20 on revenues of $776.08 million [7] Industry Context - The Internet - Software industry, to which Thryv belongs, is currently ranked in the bottom 43% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Thryv's stock performance [5]

Thryv (THRY) Q1 2025 Earnings Call May 01, 2025 08:30 AM ET Speaker0 Thank you for standing by. My name is Celine, and I will be your conference operator today. At this time, I would like to welcome everyone to the Tribe First Quarter twenty twenty five Earnings Call. All lines have been placed on mute to prevent any background noise. After the speaker remarks, there will be a question and answer session. Thank you. I would now like to turn the call over to Mr. Cameron Lassarte. Please go ahead. Speaker1 Go ...

1 ST QUARTER 2025 | s you need Thryv Marketing Center, ASI | | --- | | STEV SOC ATES | Vou lack Insights Into | Voolist unsure | | --- | --- | --- | | Itemail | what your compedents | howalshors in | | of don't know | we dolling online and how | your website a | | E | on speas now | to Improve | | business | T You usues to book your | Totamany 48% | | up on all the | focal brand provision, but | | | Broker | indel frant institly from | with no time to | | 8 | | . | Exhibit 99.2 2 3 4 5 6 7 8 9 10 11 12 * *T ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-35895 THRYV HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware 13-2740040 (State or othe ...

Exhibit 99.1 Thryv Grows SaaS Revenue in First Quarter 2025, First Quarter Results Exceed Guidance DALLAS, May 1, 2025 – Thryv Holdings, Inc. (NASDAQ:THRY) ("Thryv" or the "Company"), the provider of Thryv®, the leading small business marketing and sales software platform, reported an increase in SaaS revenue of 50% year-over-year in the first quarter of 2025. "Thryv started 2025 with strong positive momentum as SaaS revenue accelerated to over 60% of total revenue, underscoring the progress of our strategi ...

Core Insights - Thryv Holdings (NASDAQ: THRY) has shown strong business performance with an organic growth rate of 20% and improving margins in its SaaS business [1] Company Performance - The company is experiencing solid fundamentals and a positive outlook for its business [1] Investment Perspective - The analysis highlights the potential for asymmetric investment opportunities in undercovered companies, particularly in technology, software, electronics, and energy transition sectors [1]

Thryv Holdings, Inc. (NASDAQ:THRY) Q4 2024 Earnings Conference Call February 27, 2025 8:30 PM ET Company Participants Cameron Lessard - Assistant VP, IR & Treasury Joe Walsh - Chairman and CEO Paul Rouse - CFO Conference Call Participants Jason Kreyer - Craig-Hallum Scott Berg - Needham & Company Linda Lee - William Blair Daniel Moore - CJS Securities Zach Cummins - B. Riley Securities Operator Thank you for standing by. My name is Jeannie, and I will be your conference operator today. At this time, I would ...

| thryv | | --- | | Industry Leading Marketing | | and Sales Platform | | Supercharge your businesss growth with our award-winning | | small business soloware and Al t | | to stay sop or | You lack Insighes Inco | Voche unsure | | --- | --- | --- | | DOGERISOD | what your compedents | howalshors in | | s but don't know | we dollig online and how | your websice : | | 1492 | on speas now | so Improve | | ssoughts | From was to been your | Totamany sai | | on up on all the | for all brand presence, but | Jane ...

Thryv Holdings, Inc. (THRY) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of a loss of $0.07 per share. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 371.43%. A quarter ago, it was expected that this company would post a loss of $2.53 per share when it actually produced a loss of $2.65, delivering a surprise of -4.74%.Over the last four quarters, ...

Revenue Generation - Thryv's Marketing Services segment generated $480.7 million in revenue for the year ended December 31, 2024[17]. - Thryv's SaaS segment generated $343.5 million in revenue for the year ended December 31, 2024[22]. - 58.3% of the company's revenue in 2024 was derived from Marketing Services offerings, with a strategic decision to terminate these solutions by the end of 2028[77]. - The company generated a net loss of $74.2 million for the year ended December 31, 2024[89]. - Subscription renewals may decline, impacting future revenue and operating results, as clients can terminate agreements after the initial term[87]. Client Base and Transition - Approximately 300,000 SMB clients were served as of December 31, 2024, through Thryv SaaS and Thryv Marketing Services[15]. - The company converted approximately 46,000 clients from digital Marketing Services to the Thryv Platform in 2024[34]. - The churn rate for clients converted from digital Marketing Services was in line with the churn from other SaaS clients[35]. - The company plans to accelerate the conversion of Marketing Services clients to the Thryv Platform, but faces risks of losing clients if the transition is unsuccessful[78]. - The strategic decision to transition clients from digital Marketing Services to the Thryv Platform could lead to higher client churn and negatively impact key business metrics[115]. Business Model and Strategy - The company made a strategic decision to terminate its Marketing Services solutions by the end of 2028[17]. - The company plans to fully transition into a SaaS-driven business model by the end of 2028, exiting the Marketing Services business entirely[42]. - The company is focused on enhancing the Thryv Platform through continuous product and engineering improvements, which contribute to annual recurring revenue growth[45]. - The company has implemented a cost management strategy for its Marketing Services offerings to maximize profitability until the end of 2028[47]. - The company leverages one of the largest SMB-focused sales forces in the country to expand its SaaS solutions[46]. Acquisitions and Growth - Thryv's acquisition of Keap on October 31, 2024, enhances its sales and marketing automation capabilities[16]. - The recent acquisition of Keap in Q4 2024 is expected to drive international growth and provide cost synergies[49][50]. - The integration of the Keap business may face challenges, affecting anticipated benefits and requiring significant time and resources[194]. - Unanticipated obligations and liabilities from the Keap business could adversely affect financial condition and operations[197]. - The Keap Acquisition may not be accretive and could dilute earnings per share, negatively impacting stock market performance[203]. Financial Management and Risks - The company generated significant cash flow and aims to reduce debt while pursuing acquisitions to create value for stockholders[48]. - Outstanding indebtedness may limit operational flexibility and increase vulnerability to economic changes, impacting cash flow availability[206]. - The company may incur additional indebtedness or face restrictions on business opportunities due to existing debt agreements[211]. - The company's financial condition and results of operations could be materially adversely affected if it cannot generate sufficient cash to service its indebtedness[212]. - The risk of volatile credit markets could hinder the company's ability to secure necessary funding from lenders[214]. Market and Competitive Environment - Significant competition exists in the Marketing Services and SaaS markets, which may hinder the company's ability to attract and retain clients[71]. - The market for small business management solutions is evolving, and competitive dynamics may force the company to reduce prices for its Thryv Platform[86]. - Adverse economic conditions, such as financial recessions, could significantly weaken demand for marketing solutions, impacting the company's financial performance[132]. - Public health epidemics may lead to reduced spending by clients on marketing services, which could materially affect the company's financial results[134]. - The decline in print directory usage continues to negatively affect advertising sales, with expectations of continued decline in 2025 and beyond[90]. Compliance and Regulatory Risks - Compliance with evolving government regulations is a risk factor that could impact the company's operations and financial performance[67]. - The company is subject to various U.S. and international laws regarding privacy and data protection, and non-compliance could result in significant penalties and impact business operations[142]. - Future laws and regulations regarding data protection may limit the company's ability to collect and use information, potentially impairing revenue growth[145]. - The evolving regulatory environment for AI may increase compliance costs and impact the company's ability to operate effectively[97]. - The company faces risks related to compliance with non-U.S. laws, which may also affect domestic business practices[108]. Operational Challenges - The company has experienced growth in its SaaS segment, but must effectively manage this growth to maintain service quality and client retention[82]. - The company must continue to invest in infrastructure and support for its SaaS solutions to sustain growth and profitability[83]. - The complexity of the Thryv Platform may lead to defects or errors, which could harm reputation and market share, resulting in substantial correction costs[189]. - Data management risks include potential hardware failures or system errors that could lead to data loss or inaccuracies, impacting client trust[190]. - The company faces challenges in maintaining high-quality technical support services, which could adversely affect client relationships and revenue[185]. Human Capital and Workforce - The company has a workforce of 3,016 employees, with approximately 99% being full-time[55]. - The company is committed to diversity and inclusion, with initiatives such as the Diversity Council and various employee development programs[56]. - As of December 31, 2024, 217 employees, or 7% of the workforce, are represented by unions, which could lead to increased operating costs and disruptions if labor negotiations are unfavorable[139]. - The company does not maintain key man insurance for its executive officers, increasing the risk associated with the loss of key personnel[137]. - The company faces risks related to human capital, as the loss of key employees could have a material adverse effect on its operations and financial condition[137]. Cybersecurity and Data Privacy - The company is actively monitoring cybersecurity risks and implementing controls, but vulnerabilities may still exist[158]. - Security breaches could result in unauthorized access to client information, impacting financial reporting and business continuity[154]. - The company faces risks related to identity theft and misuse of personally identifiable information (PII), which could lead to legal liabilities[160]. - Generative AI technologies used by employees are subject to privacy laws, and non-compliance could result in additional costs and regulatory actions[157]. - The company may incur significant costs related to compliance with privacy laws and regulations, impacting overall financial performance[152].