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Mar 31, 2023
Thryv Q1 2023 Earnings Report
Thryv's SaaS revenue grew, and key SaaS metrics, subscribers and ARPU, showed continued strength due to prioritizing innovation and execution.
Key Takeaways
Thryv Holdings, Inc. reported strong first-quarter results with SaaS revenue growing 24% year-over-year. The company saw increases in SaaS clients and monthly active users, and acquisitions.
SaaS revenue increased by 24% year-over-year.
Total SaaS clients increased 15% year-over-year.
SaaS monthly active users increased 25% year-over-year.
Marketing Services revenue decreased 28.7% year-over-year.
Revenue by Segment
Forward Guidance
Thryv issued guidance for the second quarter and full year 2023.
Positive Outlook
- SaaS Revenue for Q2 2023 is expected to be $63.0 - $63.5 million.
- SaaS Adjusted EBITDA for Q2 2023 is expected to be $0.75 - $1.25 million.
- SaaS Revenue for Full Year 2023 is expected to be $257 to $259 million.
- SaaS Adjusted EBITDA for Full Year 2023 is expected to be $2.5 - $3.5 million.
- Marketing Services Revenue for Full Year 2023 is expected to be $653 - $663 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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