Thryv Holdings, Inc. reported SaaS revenue growth of 25% year-over-year in the second quarter of 2024. The company ended the quarter with 85,000 SaaS clients, a 52% increase year-over-year. Consolidated total revenue was $224.1 million, an 11% decrease year-over-year, and consolidated net income was $5.5 million.
SaaS revenue grew 25% year-over-year.
SaaS subscribers increased by 52% year-over-year, reaching 85,000 clients.
More than 10% of current clients have two or more paid centers, up from 2% last year.
Total Marketing Services revenue was $146.3 million, a 23% decrease year-over-year.
Thryv issued guidance for the third quarter and full year 2024.
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