NASDAQ$THRY

Thryv Holdings Inc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Thryv reported Q4 2024 consolidated revenue of $186.6M with net income of $7.9M.

Total SaaS revenue was $104.3 million (+41% YoY) and consolidated revenue was $186.6 million. Net income was $7.9 million ($0.19 diluted EPS) versus a large prior-year loss tied to Keap integration. SaaS adjusted EBITDA margin reached 16.6% in the quarter.

  • Q4 total SaaS revenue $104.3M (+41% YoY).
  • Consolidated revenue $186.6M.
  • Net income $7.9M; EPS $0.19.
  • Keap integration expanded SaaS subscriber base.

Headline financials

Total Revenue

$187M

Previous: $236M-21.0%
EPS (adj)

$0.19

Previous: $0.32-40.6%
SaaS Adj EBITDA Margin

16.6%

No prior period
SaaS revenue ex-Keap

$90.9M

No prior period
Consolidated Adjusted EBITDA

$29.4M

No prior period
Consolidated Adj EBITDA Margin

15.7%

No prior period
SaaS Adjusted EBITDA

$17.3M

No prior period
Marketing Services Adj EBITDA

$12.1M

No prior period
Marketing Services Adj EBITDA Margin

14.7%

No prior period
Consolidated Adjusted Gross Profit

$128M

No prior period
Consolidated Gross Margin

65.9%

No prior period
Consolidated Adj Gross Margin

68.5%

No prior period
SaaS Gross Profit

$76.2M

No prior period
SaaS Gross Margin

73.1%

No prior period
SaaS Adjusted Gross Profit

$79.2M

No prior period
SaaS Adj Gross Margin

75.9%

No prior period
Marketing Services Gross Profit

$46.8M

No prior period
Marketing Services Gross Margin

56.9%

No prior period
Marketing Services Adj Gross Profit

$48.7M

No prior period
Marketing Services Adj Gross Margin

59.2%

No prior period
Net Income

$7.9M

Previous: -$258M+103.1%
Operating Income

-$7.2M

Previous: -$242M+97.0%
Gross Profit

$123M

Previous: $160M-23.0%

Revenue & EPS history

Thryv · Revenue · Quarterly

$187M

Q4 2024-21%vs Q4 2023
Beat estimate in 13 of 14 quarters(93%)
ActualEstimate

Revenue by segment

Thryv · $184M total across 2 segments · Q3 2023

  • Marketing Services
    $117M-48.0%
  • SaaS
    $67.4M+19.1%

Forward guidance

Management cites product investment, subscriber growth, and margin discipline.

Tailwinds

  • Platform or subscription metrics support the growth narrative.
  • Cost actions may improve profitability over time.

Headwinds

  • Macro and competition can pressure growth and ARPU.
  • Marketing and R&D spend may weigh on near-term earnings.

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-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
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 2018+6.5%+4.1%+18.0%
Q4 2020+6.5%+4.1%+18.0%
Q3 2020+3.5%+2.3%+4.5%
Q3 2019+3.5%+2.3%+4.5%
Q4 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 2012
Q3 2013
Q2 2013
Q2 2012
Q1 2013
Q4 2012

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