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Thryv Accelerates SaaS Revenue in Fourth Quarter 2024, Exceeds Fourth Quarter SaaS Guidance

1. Thryv experienced a 41% YoY increase in Total SaaS revenue. 2. Record SaaS margins signify a strong business transformation for Thryv.

Earnings
-8.06%Current Return
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-1.49%S&P 500
$18.6102/27 07:48 AM EDTEvent Start
$17.1102/28 02:28 PM EDTLatest Updated
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FAQ

Why Bullish?

The 41% increase in SaaS revenue indicates strong market demand, similar to past performance where significant YoY revenue growth led to stock price increases.

How important is it?

The consistent SaaS revenue growth and record margins significantly enhance Thryv's competitive position, making the stock more attractive to investors.

Why Long Term?

Sustained SaaS revenue growth often results in long-term stock value appreciation, as seen with software firms building strong recurring revenue.

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CRMADBEMSFT
DALLAS--(BUSINESS WIRE)--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 Total SaaS revenue of 41% year-over-year in the fourth quarter of 2024. “We delivered a strong fourth quarter with a robust increase in revenue and record SaaS margins, reaching a pivotal inflection point as SaaS now drives the majority of our revenue, reinforcing our transformation into a leadin.

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