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Dec 31, 2022
Thryv Q4 2022 Earnings Report
Thryv grew SaaS revenue and exceeded guidance metrics in Q4 2022.
Key Takeaways
Thryv Holdings, Inc. reported strong fourth-quarter results, with a 25% year-over-year increase in SaaS revenue. The company exceeded all guidance metrics, reporting strong SaaS revenue growth, improving SaaS Adjusted EBITDA, and increasing marketing services revenue.
Total SaaS clients increased 13% year-over-year.
SaaS monthly active users increased 37% year-over-year.
Total SaaS revenue was $59.3 million, a 24.9% increase year-over-year.
Total Marketing Services revenue was $220.1 million, an 11.7% increase year-over-year.
Revenue by Segment
Forward Guidance
Thryv is issuing guidance for the full year 2023.
Positive Outlook
- SaaS Revenue $257 to $259 million
- SaaS Adjusted EBITDA Turns Profitable
- Marketing Services Revenue $635 - $649 million
- Marketing Services Adjusted EBITDA $185 - $187 million
- SaaS Revenue $59.5 - $60.0 million
Challenges Ahead
- These statements are forward-looking and actual results may materially differ.
- The Company’s ability to maintain adequate liquidity to fund operations.
- The Company’s future operating and financial performance.
- The Company’s ability to consummate acquisitions, or, if consummated, to successfully integrate acquired businesses into the Company’s operations, the Company’s ability to recognize the benefits of acquisitions, or the failure of an acquired company to achieve its plans and objectives
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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