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Sep 30, 2021
Thryv Q3 2021 Earnings Report
Thryv experienced significant SaaS revenue growth and raised revenue guidance for the full year.
Key Takeaways
Thryv Holdings, Inc. reported a 41% year-over-year increase in US SaaS revenue for the third quarter of 2021. The company's consolidated total revenue increased by 24% year-over-year, with a consolidated net income of $36 million. Thryv has also raised its 2021 outlook for its SaaS segment.
US SaaS revenue increased 41% year-over-year to $45 million.
Consolidated total revenue grew 24% year-over-year to $297 million.
Consolidated net income was $36 million.
SaaS Average Revenue per Unit (ARPU) increased to $340, compared to $260 in the third quarter of 2020.
Forward Guidance
The Company is updating guidance for fiscal year 2021.
Positive Outlook
- US SaaS year-over-year revenue guidance was raised to $169 – $171 million, up from the previously-announced $157 - $160 million
- US Marketing Services revenue range raised to $785 - $790 million, up from the previously-announced $750 - $770 million
- Thryv International fourth quarter revenue guidance range updated to A$53 million to A$57 million
Historical Earnings Impact
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Avg. Return Before/After Earnings
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