Overview
Thryv Q3 SaaS revenue grows 33% yr/yr, total revenue beats analyst expectations
Adjusted EBITDA for Q3 misses analyst expectations
Company's SaaS monthly ARPU increased 19% yr/yr to $365
Outlook
Thryv projects Q4 2025 SaaS revenue between $118 mln and $121 mln
Company expects full-year 2025 SaaS revenue of $460 mln to $463 mln
Thryv anticipates Q4 2025 Marketing Services revenue between $71.6 mln and $73.6 mln
Result Drivers
SAAS REVENUE GROWTH - Co reports 33% yr/yr increase in SaaS revenue, driven by strategy to increase customer spend
ARPU EXPANSION - SaaS monthly ARPU increased 19% yr/yr to $365, reflecting deeper customer relationships
AI UTILIZATION - Co leverages AI to enhance small business growth and deepen customer relationships
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Beat | $201.55 mln | $200.80 mln (5 Analysts) |
Q3 EPS | $0.13 | ||
Q3 Net Income | $5.65 mln | ||
Q3 Adjusted EBITDA | Miss | $40.80 mln | $41.50 mln (5 Analysts) |
Q3 Adjusted EBITDA Margin | 20.30% | ||
Q3 Adjusted Gross Profit | $140.30 mln | ||
Q3 EBIT | $20.03 mln | ||
Q3 Gross Profit | $136.46 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 $20.00, about 41.5% above its October 29 closing price of $11.70
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 23 three months ago
Press Release: ID:nBw64hry0a
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(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.)