Thryv Accelerates SaaS Revenue Growth and Achieves the "Rule of 40¹" in Third Quarter 2024
Thryv Holdings, Inc. (THRY)
Company Research
Source: Business Wire
– Grows SaaS Revenue 29% in Q3 2024– Raises Full Year 2024 SaaS guidance– Seasoned NDR increases 900 bps year-over-year to 101%– Closes acquisition of Infusion Software, Inc., "Keap" DALLAS--(BUSINESS WIRE)--Thryv Holdings, Inc. (NASDAQ:THRY) (“Thryv” or the “Company”), the provider of Thryv®, the leading small business software platform, reported SaaS revenue growth of 29% year-over-year in the third quarter of 2024.“We had a strong third quarter - delivering SaaS revenue growth of 29% year-over-year and record SaaS margins,” said Joe Walsh, Thryv Chairman and CEO. “We reported 45% year-over-year growth in SaaS clients as we are upgrading our marketing service clients to our SaaS platform and have continued to execute on our transformation strategy. In addition, we achieved a significant milestone that further validates our business model and reached the 'Rule of 40' this quarter.“With our recent acquisition of Keap, Thryv will be offering an expanded, integrated set of marketing
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News
- Thryv Announces Winners of First Small Business Excellence Awards [Yahoo! Finance]Yahoo! Finance
- Thryv Announces Winners of First Small Business Excellence AwardsBusiness Wire
- Exploring November 2024's Undervalued Small Caps With Insider Action In US [Yahoo! Finance]Yahoo! Finance
- Thryv to Participate in Upcoming Investor Conferences [Yahoo! Finance]Yahoo! Finance
- Thryv to Participate in Upcoming Investor ConferencesBusiness Wire
THRY
Earnings
- 11/7/24 - Miss
THRY
Sec Filings
- 11/12/24 - Form 8-K
- 11/8/24 - Form 8-K
- 11/7/24 - Form 10-Q
- THRY's page on the SEC website