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Thryv Holdings, Inc. (THRY)
23.97 0.00 (0.00%)
After hours: 4:14PM EDT
Chart Events
Performance Outlook
| Previous Close | 23.94 |
| Open | 23.99 |
| Bid | 20.15 x 1000 |
| Ask | 30.00 x 900 |
| Day's Range | 23.23 - 24.33 |
| 52 Week Range | 5.86 - 30.00 |
| Volume | 30,388 |
| Avg. Volume | 121,658 |
| Market Cap | 794.071M |
| Beta (5Y Monthly) | 0.50 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | Mar 25, 2021 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 38.00 |
- GlobeNewswire
Small Businesses Expect Positive Impact from Vaccine Availability
Study by Thryv and America’s SBDC analyzes impact on industries across all 50 states over past year Dallas, April 13, 2021 (GLOBE NEWSWIRE) -- Nearly two-thirds of America’s small businesses expect to see a moderate to large impact on their businesses as a result of widespread vaccine distribution, according to a nationwide study released by Thryv Holdings, Inc. (NASDAQ: THRY) and America's Small Business Development Centers (SBDC) The study also provides insight into how the vaccine roll-out will affect different business industries. The study showed that industries expecting a large impact from the vaccine included personal services, such as hair salons and restaurants, doctors, and businesses catering to pets. Industries expecting the least impact from the vaccine included home services, home repair and auto-related services. Industries expecting a large impact from the vaccine were also the ones who most strongly supported increased government stimulus. Concerning expectations for their business to rebound following the pandemic, 66 percent of respondents expect to be mostly or totally recovered in 12 months, while 31 percent said they will be only half or less than half recovered. Four percent expect to be out of business before the pandemic ends. "We can’t yet predict exactly how long it will take small businesses to fully recover to where they were before the pandemic," said Gordon Henry, Chief Strategy Officer at Thryv. "But the vaccine roll-out is giving a lot of business owners hope that recovery is in sight. I hope that soon, more and more people will feel safe going out to local businesses and supporting services that require physical contact." Thryv — a SaaS and marketing solutions company with over 400,000 small business clients worldwide — and America's SBDC initially conducted the nationwide small business study from March 20 to July 2, 2020, where 4,244 small businesses participated. The organizations continued to track the business climate as the pandemic progressed. The study's participants are owners or senior managers of small businesses across over 100 industries. The majority of these businesses are well established. More than half (51 percent) of these businesses have been in business for more than 30 years. Six in ten have annual revenue below $500,000. Female and minority owned businesses represent 35 percent of those completing the survey. "We are hopeful that small business activity will resume as the country begins to open back up," Henry said. "We have been advocates and supporters of small businesses at Thryv for decades, and while COVID-19 hit a large swath of small businesses hard, we have been deeply impressed with the resiliency and creativeness of America’s entrepreneurs. We believe in small business and we are optimistic that a sense of normalcy could be returning." Thryv Holdings, Inc., and America's SBDC will continue to track progress as new surveys go out each week to collect more data as more vaccinations become available. The full results of the study can be found on Thryv's website, here. About Thryv Holdings, Inc. Thryv Holdings, Inc. owns the easy-to-use Thryv® end-to-end customer experience software built for growing small to medium sized businesses (SMBs) that helps over 40,000 SaaS clients with the daily demands of running a business. With Thryv®, SMBs can get the job, manage the job and get credit. Thryv’s award-winning platform provides modernized business functions, allowing SMBs to reach more customers, stay organized, get paid faster and generate reviews. These functions include building a digital customer database, automated marketing through email and text, updating business listings across the internet, scheduling online appointments, sending notifications and reminders, managing ratings and reviews, generating estimates and invoices, and processing payments. Thryv supports franchise operators and multi-location business owners with Hub by Thryv™, a software console that enables businesses managers to oversee their operations using the Thryv® software. Thryv also connects local businesses to consumer services through our search, display and social media management products, our print directories featuring The Real Yellow Pages® tagline, and our local search portals, which operate under the DexKnows.com®, Superpages.com® and Yellowpages.com URLs and reach some 35 million monthly visitors. For more information about the company, visit thryv.com. Thryv delivers business services to more than 400,000 SMBs worldwide that enable these SMBs to compete and win in today’s economy. On March 1, 2021, Thryv announced it closed the acquisition of Sensis, Australia’s leading digital, marketing and directory services provider, which helps Australians connect and engage through its leading platforms, digital consumer businesses (Yellow, White Pages, True Local and Whereis), search engine marketing and optimization services, website products, social, data and mapping solutions, and through its digital agency Found. Sensis is also Australia’s largest print directory publisher including the Yellow and White Pages. Headquartered in Melbourne, Sensis has a sales presence in all states and territories across Australia. About America's Small Business Development Center (SBDC) America's Small Business Development Center (SBDC) network is a partnership uniting private enterprise, government, higher education and local nonprofit economic development organizations. It is the Small Business Administration's largest partnership program, providing management and technical assistance to help Americans start, run and grow their own businesses. Learn more at www.americassbdc.org. Media Contact: Paige Blankenship Thryv, Inc. 972.453.3012 paige.blankenship@thryv.com April Youngblut America’s SBDC 703.764.9850 april@americassbdc.org Investor Contacts: Cameron Lessard Thryv, Inc. 214.773.7022 cameron.lessard@thryv.com KJ Christopher Thryv, Inc. 972.453.7068 kj.christopher@thryv.com ### Attachment COVID release image CONTACT: Paige Blankenship Thryv, Inc. 972.453.3012 paige.blankenship@thryv.com
- GlobeNewswire
Thryv Launches Fully-Integrated Verticalization Platform
Dallas, April 08, 2021 (GLOBE NEWSWIRE) -- Thryv Holdings, Inc. (NASDAQ:THRY) (“Thryv” or “Company”), the provider of Thryv® software, the leading end-to-end customer experience platform built for growing small businesses, today announced the launch of its Integrated Verticalization Platform. On the heels of its recent verticalized CRM enhancement, this development will ensure that small businesses that utilize Thryv’s software will have the solution pre-set and tailored to their industry specifications, terminology and workflow. The Verticalization Platform is integrated throughout the entire backend of Thryv’s end-to-end platform. Therefore, the verbiage, fields, tracking, services offered, labels, dropdown options, marketing campaign libraries and Client Portal designs – as well as the CRM – are all pre-configured and tailored for each industry. As Thryv’s CEO Joe Walsh discussed on the Company’s March 25, 2021 Q4 2020 Earnings Call, Thryv for Home Services will launch in the second half of this year as a solution specifically designed for home services-focused small businesses. Thryv plans to utilize the learnings from Thryv for Home Services to launch additional industry verticals thereafter. Thryv strategically developed its software platform five years ago, targeting its existing diverse base of service-driven businesses, rather than focusing on a single vertical. For the past 12 months, Thryv has piloted and tested the Verticalization Platform functionality that will create an enhanced customer experience for specific industries. When comparing the horizontal-to-vertical strategy in the industry, other software developers tend to start small, without the benefit of a diverse and large customer base like Thryv’s. These developers focus on one vertical before expanding to other markets, with varying success, and typically requiring hefty investment. “Other SaaS companies have had to make acquisitions to build out because they were too vertically focused to be effective to a broader market and unwittingly have limited their total addressable market,” said Ryan Cantor, Thryv’s VP of Product and Marketing. “Because Thryv started with a broad focus, it is easier and more efficient for us to build out enhancements to focus on specific verticals that we see could benefit from specialization.” Thryv recently completed a market research study conducted by an independent third-party research firm that specializes in SaaS solutions to further understand the needs of home services businesses. The results of the study clearly signaled the business need for increased efficiency through sophisticated technology at a reasonable price. Further, the study confirmed that Thryv’s ability to offer its customizable platform, at its small business-friendly price point, is paramount for continued success. Key takeaways from Thryv Home Services users captured what they like most about using Thryv: “Full control and supervision of employees and follow-up and monitoring of activities and tasks…” – Cleaning services “An end-to-end solution for tradesmen like myself. I think the payment assistance is valuable.” – Electrician “It is designed for home service businesses, which is unique.” – Painter “It has many features that can improve our efficiency in doing business.” – Plumber For more information about Thryv’s end-to-end customer experience platform, please visit Thryv.com. About Thryv Holdings, Inc. Thryv Holdings, Inc. owns the easy-to-use Thryv® end-to-end customer experience software built for growing small to medium sized businesses (SMBs) that helps over 40,000 SaaS clients with the daily demands of running a business. With Thryv®, SMBs can get the job, manage the job and get credit. Thryv’s award-winning platform provides modernized business functions, allowing SMBs to reach more customers, stay organized, get paid faster and generate reviews. These functions include building a digital customer database, automated marketing through email and text, updating business listings across the internet, scheduling online appointments, sending notifications and reminders, managing ratings and reviews, generating estimates and invoices, and processing payments. Thryv supports franchise operators and multi-location business owners with Hub by Thryv™, a software console that enables businesses managers to oversee their operations using the Thryv® software. Thryv also connects local businesses to consumer services through our search, display and social media management products, our print directories featuring The Real Yellow Pages® tagline, and our local search portals, which operate under the DexKnows.com®, Superpages.com® and Yellowpages.com URLs and reach some 35 million monthly visitors. For more information about the company, visit thryv.com. Thryv delivers business services to more than 400,000 SMBs worldwide that enable these SMBs to compete and win in today’s economy. On March 1, 2021, Thryv announced it closed the acquisition of Sensis, Australia’s leading digital, marketing and directory services provider, which helps Australians connect and engage through its leading platforms, digital consumer businesses (Yellow, White Pages, True Local and Whereis), search engine marketing and optimization services, website products, social, data and mapping solutions, and through its digital agency Found. Sensis is also Australia’s largest print directory publisher including the Yellow and White Pages. Headquartered in Melbourne, Sensis has a sales presence in all states and territories across Australia. Media Contact: Paige Blankenship Thryv, Inc. 972.453.3012 paige.blankenship@thryv.com Investor Contacts: Cameron Lessard Thryv, Inc. 214.773.7022 cameron.lessard@thryv.com KJ Christopher Thryv, Inc. 972.453.7068 kj.christopher@thryv.com ### CONTACT: Paige Blankenship Thryv, Inc. 972.453.3012 paige.blankenship@thryv.com
- GlobeNewswire
Thryv Named G2 Leader in 14 Categories for Spring 2021
Dallas, April 06, 2021 (GLOBE NEWSWIRE) -- Thryv Holdings, Inc. (NASDAQ:THRY), the provider of Thryv® software, the end-to-end customer experience platform built for growing small business, has been named a leader in multiple categories in the newly released G2 Spring 2021 Reports. G2 is an online tech marketplace where technology users can discover and review technology and make informed decisions when purchasing software. Thryv earned 14 G2 Leader awards, breaking last quarter’s record for most honors in a single quarter. The Leader distinction is G2’s highest level award, followed by the High Performers, Contenders, and Niche player levels. Thryv was named a Leader for Small Business for the sixth quarter in a row, and an overall Leader among competitors across all categories. For the Spring quarter, G2 named Thryv the No. 3 payment gateway choice among small businesses, narrowly behind No. 2 Apple Pay. PayPal leads the category. “This is remarkable progress for Thryv and our payment processing service, ThryvPay, which we launched in late 2020,” said Ryan Cantor, Thryv’s VP of Product and Marketing. “We designed ThryvPay specifically for service-based businesses, and it’s clearly resonating that they needed a payments option tailored for them. We are delighted to see how ThryvPay and all of the other flexible payment features inside Thryv are meeting the needs of small business owners nationwide.” In addition to payments, Thryv provides a multitude of functionality in its platform, such as a newly enhanced and verticalized CRM, marketing automation, online scheduling, relationship management and more. Leading in these categories within G2 has once again earned Thryv’s place as a Momentum Leader for the third quarter in a row. Thryv added two new G2 Leader categories this quarter: Easiest to Use for Small Business and Best Support for Small Business. Reviewers repeatedly mentioned how these two areas set Thryv apart. “Thryv has catapulted my business to a wider audience. It's made on-the-go invoicing and receiving payments a snap, and the entire team has been absolutely delightful to work with,” said verified Thryv user and G2 reviewer, Gina Surrette, who owns GMS Inspection Services. “They walk me through the things I don't understand and help set me up for success across the board. “I truly can't say enough about every person I have interacted with so far!” Additional G2 Spring Report 2021 Leadership Awards for Thryv include: Thryv was named a Leader for Overall Best Support for the second quarter in a row, and Best Support for Small Business for the first time.G2 named Thryv Overall Best Estimated ROI for a second quarter in a row.Thryv had the Highest User Adoption for Small Business for the third quarter in a row.Thryv was a Leader in Overall Highest User Adoption for the second time.Thryv Small Business users were Most Likely to Recommend Thryv for the third quarter in a row.Thryv’s users Overall were Most Likely to Recommend.For the fourth straight quarter, users said Thryv had the Easiest Set-up among Small Businesses and Overall.Also for the fourth quarter in a row, Small Business users recognized that Thryv had the Easiest to Administer Software.And new this quarter, Small Business users said Thryv is the Easiest to Use. “Because the G2 awards are solely determined by the reviews, sentiment and commentary from verified users, we consider these to be our highest honors of the year,” Cantor says. “We realize small business owners are busy and not always familiar with using software. This is why we provide free, unlimited support to get them up-to-speed quickly, so they can optimize the software and successfully manage their business. This is a game changer for Thryv and throughout the industry. And clearly, it shows.” About Thryv Holdings, Inc. Thryv Holdings, Inc. owns the easy-to-use Thryv® end-to-end customer experience software built for growing small to medium sized businesses (SMBs) that helps over 40,000 SaaS clients with the daily demands of running a business. With Thryv®, SMBs can get the job, manage the job and get credit. Thryv’s award-winning platform provides modernized business functions, allowing SMBs to reach more customers, stay organized, get paid faster and generate reviews. These functions include building a digital customer database, automated marketing through email and text, updating business listings across the internet, scheduling online appointments, sending notifications and reminders, managing ratings and reviews, generating estimates and invoices, and processing payments. Thryv supports franchise operators and multi-location business owners with Hub by Thryv™, a software console that enables businesses managers to oversee their operations using the Thryv® software. Thryv also connects local businesses to consumer services through our search, display and social media management products, our print directories featuring The Real Yellow Pages® tagline, and our local search portals, which operate under the DexKnows.com®, Superpages.com® and Yellowpages.com URLs and reach some 35 million monthly visitors. For more information about the company, visit thryv.com. Thryv delivers business services to more than 400,000 SMBs worldwide that enable these SMBs to compete and win in today’s economy. On March 1, 2021, Thryv announced it closed the acquisition of Sensis, Australia’s leading digital, marketing and directory services provider, which helps Australians connect and engage through its leading platforms, digital consumer businesses (Yellow, White Pages, True Local and Whereis), search engine marketing and optimization services, website products, social, data and mapping solutions, and through its digital agency Found. Sensis is also Australia’s largest print directory publisher including the Yellow and White Pages. Headquartered in Melbourne, Sensis has a sales presence in all states and territories across Australia. Media Contact: Paige Blankenship Thryv, Inc. 972.453.3012 paige.blankenship@thryv.com Investor Contacts: Cameron Lessard Thryv, Inc. 214.773.7022 cameron.lessard@thryv.com KJ Christopher Thryv, Inc. 972.453.7068 kj.christopher@thryv.com ### CONTACT: Paige Blankenship Thryv, Inc. 972.453.3012 paige.blankenship@thryv.com
