NASDAQ$THRY
Thryv Holdings Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Thryv's financial performance in Q3 2020 was marked by a return to growth in the SaaS business, despite the ongoing challenges posed by the COVID-19 pandemic affecting local businesses.
Thryv Holdings, Inc. reported a total revenue of $240.3 million for Q3 2020, a 25% decrease compared to Q3 2019. However, the SaaS business saw a 2% increase in revenue, reaching $31.8 million. The company reported a net loss of $0.1 million, or $0.00 per share. Adjusted EBITDA was $69.3 million, representing a 28.8% margin.
- Total revenue decreased by 25% year-over-year to $240.3 million.
- SaaS revenue increased by 2% year-over-year to $31.8 million.
- Marketing Services revenue decreased by 28% year-over-year to $208.5 million.
- Net loss was $0.1 million, or $0.00 per share.
Headline financials
Revenue & EPS history
Thryv · Revenue · Quarterly
$240M
Revenue by segment
Thryv · $240M total across 2 segments · Q3 2020
- Marketing Services$209M-27.6%86.8%
- SaaS$31.8M+2.0%13.2%
Forward guidance
Thryv provided outlook for the remainder of 2020, expecting SaaS revenue of $128 million for the full year, implying $33 million for Q4. Marketing Services revenue is expected to be in the range of $955 million to $965 million for the full year, implying $190 million to $200 million for Q4. Adjusted EBITDA is expected to be in the range of $358 million to $363 million for the full year, implying $58 million to $63 million for Q4.
Tailwinds
- SaaS revenue is expected to increase in the low single digits year-over-year in Q4.
- SaaS will end 2020 with a solid run-rate, which is expected to continue into 2021.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2020
-2.5%
Avg return
Earnings day
-2.9%
Avg return
5 days after
-1.6%
Avg return
30 days after
44%
12 / 27 earnings
Positive
+12.0%
Q3 2023
Best reaction
-46.6%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2025 | — | — | — | |
| Q1 2026 | -2.2% | +4.1% | +6.0% | |
| Q4 2025 | -46.6% | -25.0% | -36.5% | |
| Q3 2025 | -30.8% | -43.7% | -51.9% | |
| Q1 2025 | -9.2% | -1.3% | -2.9% | |
| Q4 2024 | -6.1% | -9.5% | -27.7% | |
| Q3 2024 | -7.8% | -7.0% | +2.5% | |
| Q2 2024 | -6.9% | -14.8% | -6.5% | |
| Q1 2024 | -9.2% | -9.3% | -11.0% | |
| Q4 2023 | -5.9% | -3.7% | +4.6% | |
| Q3 2023 | +12.0% | +13.3% | +12.5% | |
| Q2 2023 | +1.9% | +3.5% | -12.4% | |
| Q1 2023 | -4.8% | -7.8% | +9.2% | |
| Q4 2022 | -0.5% | -2.7% | -9.4% | |
| Q3 2022 | -12.1% | -7.5% | -6.4% | |
| Q2 2022 | +6.1% | +9.1% | +1.4% | |
| Q1 2022 | +2.5% | -5.1% | -2.9% | |
| Q4 2021 | -0.1% | +4.4% | -4.2% | |
| Q3 2021 | +9.8% | +9.7% | +15.6% | |
| Q2 2020 | -2.8% | -9.2% | -14.2% | |
| Q2 2021 | -2.8% | -9.2% | -14.2% | |
| Q1 2020 | +11.5% | +8.5% | +27.6% | |
| Q1 2021 | +11.5% | +8.5% | +27.6% | |
| Q4 2020 | +6.5% | +4.1% | +18.0% | |
| Q4 2018 | +6.5% | +4.1% | +18.0% | |
| Q3 2020 | +3.5% | +2.3% | +4.5% | |
| Q4 2019 | +3.5% | +2.3% | +4.5% | |
| Q3 2019 | +3.5% | +2.3% | +4.5% | |
| Q4 2017 | — | — | — | |
| Q3 2017 | — | — | — | |
| Q1 2017 | — | — | — | |
| Q3 2015 | — | — | — | |
| Q2 2015 | — | — | — | |
| Q1 2015 | — | — | — | |
| Q4 2014 | — | — | — | |
| Q3 2014 | — | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2014 | — | — | — | |
| Q4 2013 | — | — | — | |
| Q3 2013 | — | — | — | |
| Q3 2012 | — | — | — | |
| Q2 2012 | — | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — | |
| Q4 2012 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro