Thryv (NASDAQ:THRY – Get Rating) had its target price trimmed by B. Riley from $50.00 to $42.00 in a research note released on Wednesday morning, The Fly reports. B. Riley also issued estimates for Thryv’s Q4 2021 earnings at ($0.50) EPS, FY2021 earnings at $2.17 EPS, Q1 2022 earnings at $0.39 EPS, Q2 2022 earnings […]
Thryv Raises SaaS Revenue Guidance, Releases ThryvPay Mobile App and Reports First Quarter 2021 Financial Results
SaaS Revenue Grows 17% Year-Over-Year
Strong SaaS Metrics show upward trajectory of Thryv software business
DALLAS (BUSINESS WIRE) #earnings Thryv Holdings, Inc. (NASDAQ:THRY) (“Thryv” or the “Company”), the provider of Thryv
® software, the end-to-end client experience platform for growing small businesses, announced financial results for the first quarter 2021. The Company has also raised its 2021 outlook for its SaaS segment.
“
Our strong Q1 performance confirms we are offering the right solution for small businesses,” said Joe Walsh, CEO and president of Thryv. “
As a result of our execution, we are raising our SaaS revenue guidance for 2021 and remain well-positioned to capitalize on the market opportunity.”
Operator
This is conference ID number 7068595. At this time, I d like to introduce the conference to KJ Christopher, Thryv s AVP of investor relations, treasury, and tax.
KJ Christopher
Investor Relations
Good morning, everyone, and welcome to this recorded management discussion of Thryv s first-quarter 2021 results. By now, you should have received a copy of the company s first-quarter 2021 earnings release and investor supplement, which is also posted on our website at investor.thryv.com. With me today are Joe Walsh, chief executive officer and president; Paul Rouse, chief financial officer; and Ryan Cantor, VP of product and marketing. Before we begin, I would like to remind you that some of our comments made on today s call and some of the responses to your questions may contain forward-looking statements.