Thryv Q2 revenue beats estimates

Thryv Holdings

30/07/2025 12:40

Overview

Thryv Q2 SaaS revenue grows 48% yr/yr, total revenue beats estimates

Consolidated adjusted EBITDA beats estimates, reflecting improved operational efficiency

Company reduces term debt by $26 mln, enhancing financial flexibility

Outlook

Thryv sees Q3 SaaS revenue between $116 mln and $117 mln

Company expects full-year SaaS revenue of $460 mln to $465 mln

Thryv projects Q3 Marketing Services revenue of $84 mln to $85 mln

Company anticipates full-year Marketing Services adjusted EBITDA of $78.5 mln to $80.5 mln

Result Drivers

SAAS CLIENT GROWTH - SaaS clients grew 25% year-over-year, contributing to revenue increase

REVENUE RETENTION - Seasoned Net Revenue Retention improved by 900 bps, excluding Keap

DEBT REDUCTION - Reduced term debt by $26 mln

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$210.47 mln
$203.70 mln (4 Analysts)
Q2 EPS
$0.31
Q2 Net Income
$13.93 mln
Q2 Adjusted EBITDA
Beat
$51.20 mln
$43.50 mln (4 Analysts)
Q2 Adjusted EBITDA Margin
24.3%
Q2 Adjusted Gross Profit
$150.70 mln
Q2 EBIT
$29.54 mln
Q2 Gross Profit
$146.62 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the advertising & marketing peer group is "buy"

Wall Street's median 12-month price target for Thryv Holdings Inc is $22.50, about 46% above its July 29 closing price of $12.14

The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nBw3YRDLPa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)