NASDAQ$THRY

Thryv Holdings Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Thryv experienced significant SaaS revenue growth and raised revenue guidance for the full year.

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.

Headline financials

Total Revenue

$297M

Previous: $240M+23.7%
EPS (adj)

$0.95

Previous: $0.00
SaaS Monthly ARPU

$340.00

No prior period
Free Cash Flow

$35.6M

Previous: -$145K+24668.3%
Net Income

$35.6M

Previous: -$145K+24668.3%
Operating Income

$65.8M

Previous: $21.4M+207.6%
Gross Profit

$193M

Previous: -$87.3M+321.1%
Cash & Equivalents

$10.4M

Previous: $1.77M+485.8%
Total Assets

$1.38B

Previous: $1.21B+13.5%
Stock-Based Comp

$2.34M

Previous: $1.29M+81.5%

Revenue & EPS history

Thryv · Revenue · Quarterly

$297M

Q3 2021+23.7%vs Q3 2020
Beat estimate in 7 of 7 quarters(100%)
ActualEstimate

Revenue by segment

Thryv · $210M total across 2 segments · Q2 2025

  • SaaS
    $115M—
  • Marketing Services
    $95.5M—

Forward guidance

The Company is updating guidance for fiscal year 2021.

Tailwinds

  • 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

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2021

Historical avgQ3 2021

-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

Earnings price reactions
QuarterReport dateReaction (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———

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