Loading...
•
Jun 30, 2023
Thryv Q2 2023 Earnings Report
Thryv grew SaaS profitability and raised full-year 2023 guidance.
Key Takeaways
Thryv's Q2 2023 results showed a 20% year-over-year increase in SaaS revenue and expanded SaaS EBITDA margins to 10%. The company launched Thryv Command Center to drive product-led growth and raised its full-year guidance for SaaS revenue and EBITDA.
SaaS revenue grew by 20% year-over-year.
SaaS EBITDA margins expanded to 10%.
Thryv Command Center was launched to drive product-led growth.
Full-year guidance for SaaS revenue and EBITDA was raised.
Revenue by Segment
Forward Guidance
Thryv issued guidance for the third quarter and full year of 2023.
Positive Outlook
- SaaS Revenue 3rd Quarter 2023: $66.5 - $67.0 million
- SaaS Revenue Full Year 2023: $258 to $260 million
- Marketing Services Revenue 3rd Quarter 2023: $114 - $118 million
- Marketing Services Revenue 4th Quarter 2023: $166 - $170 million
- Marketing Services Revenue Full Year 2023: $653 - $663 million
Challenges Ahead
- SaaS Adjusted EBITDA 3rd Quarter 2023: $(3.5) - $(4.0) million
- SaaS Adjusted EBITDA Full Year 2023: $7 - $8 million
- Marketing Services Adjusted EBITDA Full Year 2023: $187 - $190 million
- The forward-looking statements are subject to risks and uncertainties.
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
Loading earnings performance data...
Loading earnings reaction data...