Thryv Holdings Inc (THRY) saw its stock surge 8.76% in pre-market trading on Thursday, as the company released its first-quarter 2025 financial results that surpassed expectations. The impressive pre-market performance suggests investors are reacting positively to the company's latest financial disclosures.

The Q1 2025 results revealed several strong metrics for Thryv. The company reported an adjusted EBITDA margin of 11.5% and a gross profit of $119.3 million. Additionally, Thryv's adjusted gross profit reached $123.7 million, indicating robust financial health despite a net income of -$9.6 million for the quarter.

Notably, Thryv announced growth in its SaaS (Software as a Service) revenue for the first quarter of 2025, a key indicator of the company's performance in the tech sector. The company stated that its first-quarter results exceeded guidance, which likely contributed to the significant pre-market stock price increase. This outperformance may signal improved business conditions and potential for future growth, driving investor optimism.