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Thryv Named to Newsweek 's List of Top 100 Global Most Loved Workplaces for 2025
Thryv Named to Newsweek 's List of Top 100 Global Most Loved Workplaces for 2025

Business Wire

time4 days ago

  • Business
  • Business Wire

Thryv Named to Newsweek 's List of Top 100 Global Most Loved Workplaces for 2025

NEW YORK--(BUSINESS WIRE)-- Thryv Holdings, Inc. (NASDAQ:THRY), provider of the leading small business marketing and software platform, announced today it earned a spot on Newsweek 's annual Top 100 Global Most Loved Workplaces ®. This marks Thryv 's second consecutive year appearing on the prestigious list. 'As a global, remote-first company, having a supportive, purpose-driven culture is pivotal to our continued success,' said Joe Walsh, CEO of Thryv. 'As a global, remote-first company, having a supportive, purpose-driven culture is pivotal to our continued success,' said Joe Walsh, CEO of Thryv. 'This honor reflects direct input from our employees in the U.S., Australia, Canada, Dominican Republic and New Zealand. It demonstrates that our shared mission to help small businesses grow transcends geography and cultural boundaries.' Now in its third year, the Top 100 Global Most Loved Workplaces list is based on research from BPI's Love of Workplace Index®, drawing on data from more than two million employees worldwide. Companies featured have demonstrated extraordinary commitment to building cultures of trust, respect, purpose, and employee connection, regardless of size, location, or industry. Thryv earned spot #66 on the list. 'We are thrilled to be featured as a Newsweek Global Most Loved Workplace,' said Lesley Bolger, Chief Legal Officer & HR, Thryv. 'We care deeply about creating an environment where every employee feels valued, supported, and inspired. Our culture, created by every employee, is the foundation of our innovation, our impact, and our success.' The ranking is informed by employee perspectives in five key areas: how positive employees feel about their future at the company, career achievement, alignment of employer values with employee values, respect at all levels, and collaboration. Additional factors—such as diversity and belonging, leadership, and professional development—were also evaluated in relation to these core sentiment drivers. 'As we mark five years of recognizing the world's Most Loved Workplaces, it's an honor to spotlight companies that place employee well-being at the center of their workplace cultures,' said Jennifer H. Cunningham, Newsweek's Global Editor in Chief. 'In today's rapidly changing world, this year's list reflects a growing global shift toward human-centered leadership as a key driver of resilience and success.' To view the complete 2025 Global Most Loved Workplaces® list, visit Methodology The 2025 Global Most Loved Workplaces® list was developed in partnership with Best Practice Institute (BPI) using its proprietary Love of Workplace Index®, which includes direct employee survey responses and analysis across five core sentiment areas: employee satisfaction with future vision, career achievement, values alignment, respect, and collaboration. More than two million employees worldwide were surveyed across companies ranging in size from 10 to over 10,000 employees. Additional evaluation included written submissions and interviews with several hundred company executives, along with analysis of external public ratings. Newsweek's global editorial team then conducted independent research to finalize the list—recognizing companies that place trust, belonging, and respect at the center of their business and workplace culture. About Thryv Thryv Holdings, Inc. (NASDAQ:THRY) is the provider of the leading sales and marketing platform designed to help small businesses attract new and repeat customers. Thryv software offers SMBs everything they need to manage day-to-day operations and grow efficiently. The platform's AI-supported marketing and business automations help business owners save time, compete, and win. More than 100K businesses globally use Thryv software to connect with customers and run and grow their business. For more information, visit

Thryv Therapeutics to Share Recent Clinical Results and Participate in Upcoming Healthcare Investor Conferences
Thryv Therapeutics to Share Recent Clinical Results and Participate in Upcoming Healthcare Investor Conferences

Cision Canada

time13-05-2025

  • Business
  • Cision Canada

Thryv Therapeutics to Share Recent Clinical Results and Participate in Upcoming Healthcare Investor Conferences

MONTREAL, May 13, 2025 /CNW/ - Thryv Therapeutics Inc., a clinical-stage biotechnology company advancing a series of novel serum glucocorticoid inducible kinase 1 (SGK1) inhibitors for cardiovascular diseases, today announced its participation in two upcoming prominent investor conferences in New York City. The company will share recent clinical results in Long QT Syndrome presented at the 2025 Heart Rhythm Society Annual Meeting and recent developments for its pre-clinical and clinical programs for both heart failure and atrial fibrillation. Clinical Results Presented at HRS 2025 On April 27, 2025, Thryv presented new clinical data from Part 2 of the Wave I study at the Heart Rhythm Society (HRS) Annual Meeting. The study enrolled adult patients with genetically confirmed Long QT Syndrome Type 2 or Type 3 who received oral doses of LQT-1213 at either 7 mg TID or 16 mg TID for 2⅓ days (seven total doses). LQT-1213 appeared to be generally well-tolerated across both dose groups. Clinically meaningful and statistically significant reductions in QTcF interval were observed in the high dose cohort. Key regulatory endpoints for Long QT Syndrome – such as QTcF area under the curve (AUC) and maximal peak-to-trough effects – demonstrated mean reductions of up to 11 milliseconds (p=0.028) for QTcF AUC. In a subsequent analysis of peak-to-trough changes, the 53 milliseconds (p<0.0001) reduction in QTc is consistent with publications of other drugs studied but not approved for this indication. These results provide important clinical proof-of-concept that LQT-1213 – part of Thryv's series of highly selective SGK1 inhibitors – may offer a disease-modifying approach and lay the foundation for continued clinical development of SGK1 Inhibitors for Long QT Syndrome. Upcoming Investor Conferences RBC Capital Markets Global Healthcare Conference 2025 Dates: May 20–21, 2025 Fireside Chat: Wednesday, May 21, 2025, at 9:30 am EST (Track IV – 2 nd Floor) Location: InterContinental New York Barclay, New York, NY Thryv Therapeutics will participate in a fireside chat and host one-on-one meetings with investors about its future program plans and Series B financing throughout the conference. Jefferies Global Healthcare Conference 2025 Dates: June 3–5, 2025 Location: New York Marriott Marquis, New York, NY Thryv Therapeutics will participate in one-on-one investor meetings. To request a meeting at either conference, please contact: [email protected] Study Highlights Wave I is a multi-part, first-in-human proof-of-concept clinical study designed to evaluate the safety, pharmacokinetics (PK), and efficacy of LQT-1213 in patients with both acquired and congenital forms of Long QT Syndrome. Part 1 results were presented at the American College of Cardiology's Annual Scientific Session in March 2024. Read the full poster here. Part 2 is a single-blind, placebo run-in, multiple-dose safety study in participants with cLQTS Type 2 or 3. Results were presented at the Heart Rhythm Society Annual Meeting in April 2025. Read the full abstract here. More about the Wave I study (Parts 1 and 2) can be found at: About Thyrv's SGK1 Inhibitors Thryv Therapeutics is advancing a series of potent and selective SGK1 (serum and glucocorticoid-regulated kinase 1) inhibitors that target the underlying causes of electrical and structural remodelling which leads to cardiac conditions such as Long QT Syndrome, heart failure, and atrial fibrillation. In heart tissue, SGK1 has been shown to adversely affect ion channel function and surface expression. Its activation is implicated in prolongation of the QT interval, contributing to both congenital and acquired forms of LQTS and adverse outcomes in cardiometabolic diseases such as heart failure and atrial fibrillation. Inhibition of SGK1 may address the root cause of electrical dysfunction and offer a disease-modifying therapy by targeting both electrical and structural remodeling of cardiomyocytes. About Long QT Syndrome (LQTS) Long QT Syndrome (LQTS) is a disorder of the heart's electrical system that delays ventricular repolarization, prolonging the QT interval on an ECG. This can lead to torsade de pointes — a potentially fatal arrhythmia — and sudden cardiac death. LQTS can be congenital, caused by mutations in cardiac ion channel genes (commonly LQT1, LQT2, or LQT3), or acquired, resulting from medications or medical conditions. Congenital LQTS is a rare orphan disease, affecting approximately 1 in 2,000 people worldwide. About Thryv Therapeutics Thryv Therapeutics Inc. is a privately owned company based in Montreal, Quebec, Canada. Thryv is pioneering a precision medicine approach to treat Long QT Syndrome, heart failure and atrial fibrillation with potent and highly selective inhibitors of serum glucocorticoid inducible kinase 1 (SGK1). For more information, please visit

Thryv Grows SaaS Revenue in First Quarter 2025, First Quarter Results Exceed Guidance
Thryv Grows SaaS Revenue in First Quarter 2025, First Quarter Results Exceed Guidance

Yahoo

time01-05-2025

  • Business
  • Yahoo

Thryv Grows SaaS Revenue in First Quarter 2025, First Quarter Results Exceed Guidance

– Q1 SaaS Revenue Increased 50% Year-Over-Year– Q1 SaaS Revenue (Ex-Keap) Increased 24% Year-Over-Year– Q1 SaaS Revenue over 60% of Total Revenue– Q1 Record Seasoned NRR of 103% DALLAS, May 01, 2025--(BUSINESS WIRE)--Thryv Holdings, Inc. (NASDAQ:THRY) ("Thryv" or the "Company"), the provider of Thryv®, the leading small business marketing and sales software platform, reported an increase in SaaS revenue of 50% year-over-year in the first quarter of 2025. "Thryv started 2025 with strong positive momentum as SaaS revenue accelerated to over 60% of total revenue, underscoring the progress of our strategic transformation into a premier SMB software business," said Joe Walsh, Thryv Chairman and CEO. "While we remain focused on acquiring and upgrading subscribers to the platform, we have been deepening relationships with our existing customers and expanding ARPU. We are leaning into cross-selling and anticipate continued growth as we enhance our product-led strategy and expand into new verticals. Looking ahead, the resilient customer demand we are experiencing is encouraging, and we are committed to driving sustainable, profitable growth as we continue to invest in our platform." "In the first quarter, we exceeded our guidance, and balanced SaaS top-line growth with disciplined cost management," stated Paul Rouse, Chief Financial Officer. "Seasoned NRR increased to a record 103% in the first quarter as a result of upselling and cross-selling additional products and services to our customer base. For the remainder of 2025, we expect to deliver SaaS revenue growth and continued SaaS Adjusted EBITDA margin improvement." First Quarter 2025 Highlights: SaaS revenue was $111.1 million, a 50% increase year-over-year SaaS revenue excluding Keap was $92.2 million, a 24% increase year-over-year Marketing Services revenue was $70.2 million, a 56% decrease year-over-year Consolidated total revenue was $181.4 million, a decrease of 22% year-over-year Consolidated net loss was $9.6 million, or $(0.22) per diluted share; compared to net income of $8.4 million, or $0.22 per diluted share, for the first quarter of 2024 Consolidated Adjusted EBITDA was $20.9 million, representing an Adjusted EBITDA margin of 11.5% SaaS Adjusted EBITDA was $10.8 million, representing an Adjusted EBITDA margin of 9.7% Total Marketing Services Adjusted EBITDA was $10.1 million, representing an Adjusted EBITDA margin of 14.4% Consolidated Gross Profit was $119.3 million Consolidated Adjusted Gross Profit1 was $123.7 million SaaS Gross Profit was $78.8 million, representing a Gross Margin of 70.9% SaaS Adjusted Gross Profit2 was $81.5 million, representing an Adjusted Gross Margin of 73.3% SaaS Metrics SaaS clients increased 59% year-over-year to 111 thousand at the end of the first quarter of 2025 SaaS clients, excluding Keap, increased 37% year-over-year to 96 thousand Seasoned Net Revenue Retention2 was 103% for the first quarter of 2025, an increase of 900 bps year-over-year, excluding Keap SaaS monthly Average Revenue per Unit ("ARPU")3 was $335 for the first quarter of 2025 ThryvPay total payment volume was $71 million, an increase of 13% year-over-year Outlook Based on information available as of April 30, 2025, Thryv is issuing guidance4 for the second quarter of 2025 and full year 2025 as indicated below: 2nd Quarter Full Year (in millions) 2025 2025 SaaS Revenue $113.0 - $115.0 $460.5 - $471.0 SaaS Adjusted EBITDA $18.5 - $19.5 $67.0 - $71.0 2nd Quarter 3rd Quarter 4th Quarter Full Year (in millions) 2025 2025 2025 2025 Marketing Services Revenue $90.0 - $91.0 $83.0 - $84.0 $72.0 - $73.0 $310.0 - $314.0 Marketing Services Adjusted EBITDA $24.0 - $26.0 $77.5 - $78.5 ____________________ 1 Defined as Gross profit adjusted to exclude the impact of depreciation and amortization expense and stock-based compensation expense. 2 Seasoned Net Revenue Retention is defined as net dollar retention excluding clients acquired over the previous 12 months as well as clients acquired in the Keap acquisition which closed on October 31, 2024. 3 Defined as total client billings for a particular month divided by the number of clients that have one or more revenue-generating solutions in that same month. This is a blended calculation and inclusive of the impact from the Keap acquisition. 4 These statements are forward-looking and actual results may materially differ. Refer to the "Forward-Looking Statements" section below for information on the factors that could cause our actual results to materially differ from these forward-looking statements. Earnings Conference Call Information Thryv will host a conference call on Thursday, May 1, 2025 at 8:30 a.m. (Eastern Time) to discuss the Company's first quarter 2024 results. For analysts to register for this conference call, please use this link. After registering, a confirmation email will be sent, including dial-in details and a unique code for entry. We recommend registering a day in advance or at a minimum thirty minutes prior to the start of the call. To listen to the webcast, please use this link or visit Thryv's Investor Relations website at A live webcast will also be available on the Investor Relations section of the Company's website at If you are unable to participate in the conference call, a replay will be available at this link. Thryv Holdings, Inc. and Subsidiaries Consolidated Statements of Operations and Comprehensive (Loss) Income Three Months Ended March 31, (in thousands, except share and per share data) 2025 2024 Revenue $ 181,371 $ 233,624 Cost of services 62,083 79,983 Gross profit 119,288 153,641 Operating expenses: Sales and marketing 70,051 70,091 General and administrative 52,271 52,416 Total operating expenses 122,322 122,507 Operating (loss) income (3,034 ) 31,134 Other income (expense): Interest expense (6,067 ) (13,359 ) Interest expense, related party (3,006 ) — Other components of net periodic pension cost (768 ) (1,581 ) Other income (expense) 392 (2,373 ) (Loss) income before income tax benefit (expense) (12,483 ) 13,821 Income tax benefit (expense) 2,865 (5,397 ) Net (loss) income $ (9,618 ) $ 8,424 Other comprehensive income (loss): Foreign currency translation adjustment, net of tax (187 ) (265 ) Comprehensive (loss) income $ (9,805 ) $ 8,159 Net (loss) income per common share: Basic $ (0.22 ) $ 0.24 Diluted $ (0.22 ) $ 0.22 Weighted-average shares used in computing basic and diluted net (loss) income per common share: Basic 43,412,366 35,186,121 Diluted 43,412,366 37,985,785 Thryv Holdings, Inc. and Subsidiaries Consolidated Balance Sheets (in thousands, except share data) March 31, 2025 December 31, 2024 Assets Current assets Cash and cash equivalents $ 10,993 $ 16,311 Accounts receivable, net of allowance of $13,144 in 2025 and $13,051 in 2024 139,894 161,620 Contract assets, net of allowance of $33 in 2025 and $29 in 2024 1,980 2,127 Taxes receivable 7,493 6,218 Prepaid expenses 30,806 13,923 Deferred costs 9,486 8,402 Other current assets 2,035 2,119 Total current assets 202,687 210,720 Fixed assets and capitalized software, net 41,998 44,478 Goodwill 253,809 253,318 Intangible assets, net 31,956 34,259 Deferred tax assets 146,530 143,495 Other assets 26,754 25,895 Total assets $ 703,734 $ 712,165 Liabilities and Stockholders' Equity Current liabilities Accounts payable $ 5,894 $ 13,011 Accrued liabilities 80,828 95,462 Current portion of unrecognized tax benefits 26,703 26,196 Contract liabilities 42,873 40,315 Current portion of Term Loan 15,750 — Current portion of Term Loan, related party 10,500 5,250 Other current liabilities 6,847 8,151 Total current liabilities 189,395 196,260 Term Loan, net 139,565 — Term Loan, net, related party 95,382 100,436 ABL Facility 37,790 — Pension obligations, net 38,699 38,014 Other liabilities 9,672 9,759 Total long-term liabilities 321,108 318,985 Commitments and contingencies Stockholders' equity Common stock - $0.01 par value, 250,000,000 shares authorized; 71,496,077 shares issued and 43,728,331 shares outstanding at March 31, 2025; and 70,556,740 shares issued and 43,033,960 shares outstanding at December 31, 2024 715 706 Additional paid-in capital 1,282,424 1,272,476 Treasury stock - 27,767,746 shares at March 31, 2025 and 27,522,780 shares at December 31, 2024 (492,744 ) (488,903 ) Accumulated other comprehensive loss (15,128 ) (14,941 ) Accumulated deficit (582,036 ) (572,418 ) Total stockholders' equity 193,231 196,920 Total liabilities and stockholders' equity $ 703,734 $ 712,165 Thryv Holdings, Inc. and Subsidiaries Consolidated Statements of Cash Flows Three Months Ended March 31, (in thousands) 2025 2024 Cash Flows from Operating Activities Net (loss) income $ (9,618 ) $ 8,424 Adjustments to reconcile net (loss) income to net cash provided by operating activities: Depreciation and amortization 11,516 14,553 Amortization of deferred commissions 3,499 4,849 Amortization of debt issuance costs 830 1,310 Deferred income taxes (2,986 ) (3,110 ) Provision for credit losses and service credits 3,782 7,475 Stock-based compensation expense 7,737 5,289 Other components of net periodic pension cost 768 1,581 Other (355 ) (779 ) Changes in working capital items, excluding acquisitions: Accounts receivable 16,840 (9,750 ) Contract assets 147 (1,670 ) Prepaid expenses and other assets (20,672 ) (18,169 ) Accounts payable and accrued liabilities (22,338 ) (5,754 ) Other liabilities 369 1,189 Net cash (used in) provided by operating activities (10,481 ) 5,438 Cash Flows from Investing Activities Additions to fixed assets and capitalized software (7,085 ) (7,278 ) Acquisition of a business, net of cash acquired (143 ) — Net cash used in investing activities (7,228 ) (7,278 ) Cash Flows from Financing Activities Payments of Term Loan — (9,368 ) Proceeds from ABL Facility 109,647 205,351 Payments of ABL Facility (95,748 ) (198,459 ) Other (1,620 ) 918 Net cash provided by (used in) financing activities 12,279 (1,558 ) Effect of exchange rate changes on cash, cash equivalents and restricted cash 124 (723 ) (Decrease) in cash, cash equivalents and restricted cash (5,306 ) (4,121 ) Cash, cash equivalents and restricted cash, beginning of period 17,760 20,530 Cash, cash equivalents and restricted cash, end of period $ 12,454 $ 16,409 Supplemental Information Cash paid for interest $ 8,256 $ 11,911 Cash paid for income taxes, net $ 1,178 $ 1,915 Segment Information The following tables summarize the operating results of the Company's reportable segments: Three Months Ended March 31, Change (in thousands) 2025 2024 Amount % Revenue SaaS $ 111,129 $ 74,322 $ 36,807 49.5 % Marketing Services 70,242 159,302 (89,060 ) (55.9 )% Total Revenue $ 181,371 $ 233,624 $ (52,253 ) (22.4 )% Adjusted EBITDA SaaS $ 10,815 $ 3,435 $ 7,380 214.8 % Marketing Services 10,086 50,679 (40,593 ) (80.1 )% Consolidated Adjusted EBITDA5 $ 20,901 $ 54,114 $ (33,213 ) (61.4 )% The following tables set forth reconciliations of our SaaS revenue for the Company to SaaS revenue excluding Keap and Keap SaaS revenue: Three Months Ended March 31, (in thousands) 2025 2024 Reconciliation of SaaS Revenue SaaS Revenue $ 111,129 $ 74,322 Less: Keap SaaS Revenue 18,882 — SaaS Revenue (excluding Keap) $ 92,247 $ 74,322 ____________________ 5 Consolidated Adjusted EBITDA is equal to SaaS Adjusted EBITDA and Marketing Services Adjusted EBITDA. See Non-GAAP Measures below for a reconciliation of Consolidated Adjusted EBITDA to Net income (loss). Non-GAAP Measures Our results included in this press release include Adjusted EBITDA, Adjusted EBITDA Margin and Adjusted Gross Profit, which are not presented in accordance with U.S. generally accepted accounting principles ("GAAP"). We have included Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Gross Profit because management believes they provide useful information to investors in gaining an overall understanding of our current financial performance and provide consistency and comparability with past financial performance. Specifically, we believe Adjusted EBITDA provides useful information to management and investors by excluding certain non-operating items that we believe are not indicative of our core operating results. In addition, Adjusted EBITDA, Adjusted EBITDA Margin, and Adjusted Gross Profit are used by management for budgeting and forecasting as well as measuring the Company's performance. We believe Adjusted EBITDA, Adjusted EBITDA Margin, and Adjusted Gross Profit provide investors with the financial measures that closely align with our internal processes. We define Adjusted EBITDA ("Adjusted EBITDA") as Net income (loss) plus Interest expense, Income tax expense, Depreciation and amortization expense, Restructuring and integration expenses, Stock-based compensation expense, and non-operating expenses, such as Other components of net periodic pension cost and certain unusual and non-recurring charges that might have been incurred. Adjusted EBITDA should not be considered as an alternative to Net income (loss) as a performance measure. We define Adjusted EBITDA Margin as Adjusted EBITDA divided by revenue. We define Adjusted Gross Profit ("Adjusted Gross Profit") as Gross profit adjusted to exclude the impact of Depreciation and amortization expense and Stock-based compensation expense. Non-GAAP financial information has limitations as an analytical tool and is presented for supplemental informational purposes only. Such information should not be considered a substitute for financial information presented in accordance with U.S. GAAP and may be different from similarly-titled non-GAAP measures used by other companies. The following is a reconciliation of Adjusted EBITDA to its most directly comparable GAAP measure, Net (loss) income: Three Months Ended March 31, (in thousands) 2025 2024 Reconciliation of Adjusted EBITDA Net (loss) income $ (9,618 ) $ 8,424 Interest expense 9,073 13,359 Depreciation and amortization expense 11,516 14,553 Stock-based compensation expense (1) 7,737 5,289 Restructuring and integration expenses (2) 4,682 5,265 Income tax (benefit) expense (2,865 ) 5,397 Other components of net periodic pension cost (4) 768 1,581 Other (5) (392 ) 246 Adjusted EBITDA $ 20,901 $ 54,114 (1) We record stock-based compensation expense related to the amortization of grant date fair value of the Company's stock-based compensation awards. (2) For the three months ended March 31, 2025 and 2024, expenses relate to periodic efforts to enhance efficiencies and reduce costs, and include severance benefits, and costs associated with abandoned facilities and system consolidation. For more information on our restructuring and integration expenses, please see our Q1 2025 Quarterly Report on Form 10-Q. (3) Other components of net periodic pension cost is from our non-contributory defined benefit pension plans that are currently frozen and incur no additional service costs. The most significant component of Other components of net periodic pension cost relates to periodic mark-to-market pension remeasurement. (4) Other primarily includes foreign exchange-related (income) expense. The following tables set forth reconciliations of Adjusted Gross Profit and Adjusted Gross Margin, to their most directly comparable GAAP measures, Gross profit and Gross margin: Three Months Ended March 31, 2025 (in thousands) SaaS Marketing Services Total Reconciliation of Adjusted Gross Profit Gross profit $ 78,770 $ 40,518 $ 119,288 Plus: Depreciation and amortization expense 2,598 1,627 4,225 Stock-based compensation expense 84 70 154 Adjusted Gross Profit $ 81,452 $ 42,215 $ 123,667 Gross Margin 70.9 % 57.7 % 65.8 % Adjusted Gross Margin 73.3 % 60.1 % 68.2 % Three Months Ended March 31, 2024 (in thousands) SaaS Marketing Services Total Reconciliation of Adjusted Gross Profit Gross profit $ 49,095 $ 104,546 $ 153,641 Plus: Depreciation and amortization expense 1,704 4,072 5,776 Stock-based compensation expense 60 113 173 Adjusted Gross Profit $ 50,859 $ 108,731 $ 159,590 Gross Margin 66.1 % 65.6 % 65.8 % Adjusted Gross Margin 68.4 % 68.3 % 68.3 % Supplemental Financial Information The following supplemental financial information provides Revenue, Net Income (Loss), Net Income (Loss) Margin, Adjusted EBITDA and Adjusted EBITDA Margin by our (i) SaaS business and (ii) Marketing Services business. Total SaaS Adjusted EBITDA and Adjusted EBITDA margin are non-GAAP financial measures. Total Marketing Services Adjusted EBITDA and Adjusted EBITDA margin are also non-GAAP financial measures. These non-GAAP financial measures are presented for supplemental informational purposes only and are not intended to be considered in isolation or as a substitute for, or superior to, financial information prepared and presented in accordance with GAAP. We believe that these non-GAAP financial measures provide useful information about our global SaaS and Marketing Services financial performance, enhance the overall understanding of our global SaaS and Marketing Services past financial performance and allow for greater transparency with respect to important metrics used by our management for financial and operational decision-making. We believe that these measures provide additional tools for investors to use in comparing our core financial performance over multiple periods. Three Months Ended March 31, 2025 (in thousands) SaaS Marketing Services Total Revenue $ 111,129 $ 70,242 $ 181,371 Net (Loss) (9,618 ) Net (Loss) Margin (5.3 )% Adjusted EBITDA 10,815 10,086 20,901 Adjusted EBITDA Margin 9.7 % 14.4 % 11.5 % Three Months Ended March 31, 2024 (in thousands) SaaS Marketing Services Total Revenue $ 74,322 $ 159,302 $ 233,624 Net Income 8,424 Net Income Margin 3.6 % Adjusted EBITDA 3,435 50,679 54,114 Adjusted EBITDA Margin 4.6 % 31.8 % 23.2 % Forward-Looking Statements Certain statements contained herein are not historical facts, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. Statements that include the words "may", "will", "could", "should", "would", "believe", "anticipate", "forecast", "estimate", "expect", "preliminary", "intend", "plan", "target", "project", "outlook", "future", "forward", "guidance" and similar statements of a future or forward-looking nature identify forward-looking statements. These statements are not guarantees of future performance. These forward-looking statements are based on our current expectations and beliefs concerning future developments and their potential effect on us. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting us will be those that we anticipate. Accordingly, there are or will be important factors that could cause our actual results to differ materially from those indicated in these statements. We believe that these factors include, but are not limited to, the risks related to the following: significant competition for our Marketing Services solutions and SaaS offerings, including from companies that use components of our SaaS offerings provided by third parties; our ability to maintain profitability; our ability to manage our growth effectively; our ability to transition our Marketing Services clients to our Thryv platform, maintain transitioned clients on that platform and sell them additional or upgraded products; sell our platform into new markets or further penetrate existing markets; our ability to maintain our strategic relationships with third-party service providers; internet search engines and portals potentially terminating or materially altering their agreements with us; our ability to keep pace with rapid technological changes and evolving industry standards; our SMBs clients potentially opting not to renew their agreements with us or renewing at lower spend; potential system interruptions or failures, including cybersecurity breaches, identity theft, data loss, unauthorized access to data or other disruptions that could compromise our information; our potential failure to identify suitable acquisition candidates and consummate such acquisitions; our ability to complete acquisitions and the successful integration of such acquisitions, including our recently completed acquisition of Keap, and any failure of an acquired business to achieve its plans and objectives or realize any expected benefit from any such acquisition; the potential loss of one or more key employees or our inability to attract and to retain highly skilled employees; our ability to maintain the compatibility of our Thryv platform with third-party applications; our ability to successfully expand our operations and current offerings into new markets, including internationally, or further penetrate existing markets; our potential failure to provide new or enhanced functionality and features; our potential failure to comply with applicable privacy, security and data laws, regulations and standards; potential changes in regulations governing privacy concerns and laws or other domestic or foreign data protection regulations; our potential failure to meet service level commitments under our client contracts; our potential failure to offer high-quality or technical support services; our Thryv platform and add-ons potentially failing to perform properly; our use of artificial intelligence in our business, and challenges with properly managing its use, could result in reputational harm, competitive harm, and legal liability; the potential impact of future labor negotiations; our ability to protect our intellectual property rights, proprietary technology, information, processes, and know-how; rising inflation and our ability to control costs, including operating expenses; general macro-economic conditions, including a recession or an economic slowdown in the U.S. or internationally; adverse tax laws or regulations or potential changes to existing tax laws or regulations; costs, liabilities and reputational harm resulting from regulatory investigations, including the subpoena from the Division of Enforcement of the Securities and Exchange Commission (the "SEC"); volatility and weakness in bank and capital markets; and costs, obligations and liabilities incurred as a result of and in connection with being a public company as well as the risks and uncertainties set forth in the Company's most recent Annual Report on Form 10-K filed with the SEC. All subsequent written and oral forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by such cautionary statements. If one or more events related to these or other risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, actual results may differ materially from what we anticipate. For these reasons, we caution you against relying on forward-looking statements. All forward-looking statements included in this press release are expressly qualified in their entirety by the foregoing cautionary statements. These forward-looking statements speak only as of the date hereof and, other than as required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. About Thryv Thryv Holdings, Inc. (NASDAQ:THRY) is the provider of the leading sales and marketing platform designed to help small businesses attract new and repeat customers. Thryv software offers SMBs everything they need to manage day-to-day operations and grow efficiently. The platform's AI-supported marketing and business automations help business owners save time, compete, and win. More than 100K businesses globally use Thryv software to connect with customers and run and grow their business. For more information, visit View source version on Contacts Media Contact: Julie MurphyThryv, Investor Contact: Cameron LessardThryv, Sign in to access your portfolio

Co-Created Announced the Launch of Sense
Co-Created Announced the Launch of Sense

Martechvibe

time25-04-2025

  • Business
  • Martechvibe

Co-Created Announced the Launch of Sense

Unlike traditional research tools, Sense combines public, premium, and private data with everything from press releases to social media posts. Co-Created announced the launch of Sense, an AI-powered market intelligence platform to help strategy, product, innovation, and growth teams answer complex questions, identify market shifts, and drive executive-level decision-making—faster than ever. Co-Created has successfully launched over 100 ventures with partners over the last two decades. Unlike traditional research tools, Sense combines public, premium, and private data with everything from press releases and financial filings to social media posts and online video reviews to internal research reports, transcripts, and team notes. Sense gives users control over which data sources to use (and trust) and structures all this information to surface key patterns, detect shifts, and frame decisions based on an organisation's strategy and real-world goals. Leveraging 15 years of venture-building expertise, Sense's reasoning engine and analytical workflows deliver smarter decisions faster. ALSO READ: Emergence AI Debuts Autonomous Multi-Agent Orchestrator Every insight is supported with clickable sources for full transparency—not just summaries, but structured, defensible analysis designed for executive use. Final outputs and reports are customisable, on-brand, shareable slides, memos, or reports. Rich Wilding, Partner at Co-Created, shared, 'AI-powered tools are rapidly becoming embedded in the day-to-day operations of corporate teams. But adoption often remains fragmented—many organisations use AI to automate small, discrete tasks rather than to transform how they think and act at a strategic level.' 'Sense is built to bridge that gap. Instead of focusing only on efficiency gains, it's designed to expand the way teams approach strategy, investment, and growth. It doesn't just automate research; it accelerates understanding, reduces blind spots, and ensures that leaders are seeing the full landscape—not just the part that's most visible.' ALSO READ: Thryv Simplifies Social Media for Small Businesses with New AI Offering The Martechvibe team works with a staff of in-house writers and industry experts. View More dataMarket IntelligenceSense Locala's omnichannel advertising platform leverages granular insights and cutting-edge AI to help marketers plan, activate, and measure campaigns that are personalised to the local consumer. It specialises in transforming complex mobility and consumer data into actionable audience insights, fueling advanced media strategies. VISIT WEBSITE Blue Prism is a global software provider, offering ROM 2, an intelligent automation implementation methodology that empowers teams to scale their digital workflow. 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VISIT WEBSITE HCL Digital Experience (DX), forms part of a wider HCL Customer Experience (CX) product portfolio, offering core capabilities such as content management, DAM, CDP called Signals, and low-code application development. It provides services in government, life sciences, insurance, financial services, and other verticals. VISIT WEBSITE Contentstack is a headless CMS and Composable Digital Experience Platform (DXP) solution provider that helps marketers gain a competitive edge. It recently launched into Google Cloud Marketplace, and is also available on Microsoft Azure and AWS. It seamlessly enables mid-market brands to adopt its omnichannel campaign engine to drive higher conversions and sales. VISIT WEBSITE Bloomreach Commerce Experience Cloud provides businesses an edge with its modular capabilities: Content Management System (CMS), Discovery features for search and merchandising optimisation, and Engagement tools such as Customer Data Platforms (CDP) for personalisation and analytics. VISIT WEBSITE Adobe Experience Cloud offers a comprehensive set of services specifically designed to address the day-to-day requirements for personalised customer experience at scale. Its platform helps manage different digital content and assets to improve customer satisfaction. Some of its products include Adobe Gen Studio, Experience Manager Sites, Real-time CDP, and Marketo Engage. VISIT WEBSITE Acquia offers DXP solutions, comprising of two main elements: Acquia Drupal Cloud and Acquia Marketing Cloud. It can be accessed in both platform-as-a-service (PaaS) and software-as-a-service (SaaS) with additional components such as Site Factory for multisite management, digital asset management (DAM), CDP, personalisation, and Campaign Studio. VISIT WEBSITE

Thryv to Release First Quarter 2025 Financial Results on Thursday, May 1
Thryv to Release First Quarter 2025 Financial Results on Thursday, May 1

Yahoo

time08-04-2025

  • Business
  • Yahoo

Thryv to Release First Quarter 2025 Financial Results on Thursday, May 1

DALLAS, April 08, 2025--(BUSINESS WIRE)--Thryv® Holdings, Inc.(NASDAQ:THRY) ("Thryv'' or the "Company"), provider of the leading small business marketing and sales software platform, announced today that it will release its first quarter 2025 financial results on Thursday, May 1, before the market opens. The release will be followed by a conference call at 8:30 a.m. ET to discuss the results with the investment community. To register for this conference call, please use this link or visit Thryv's Investor Relations website at After registering, a confirmation email will be sent, including dial-in details and a unique code for entry. We recommend registering a day in advance or at minimum thirty minutes prior to the start of the call. A live webcast will also be available on the Investor Relations section of the Company's website at Downloadable files of the press release and an audio replay of the call will be available on the Company's website after the live event. ABOUT THRYV Thryv Holdings, Inc. (NASDAQ:THRY) is the provider of the leading sales and marketing platform designed to help small businesses attract new and repeat customers. Thryv software offers SMBs everything they need to manage day-to-day operations and grow efficiently. The platform's AI-supported marketing and business automations help business owners save time, compete, and win. More than 100K businesses globally use Thryv software to connect with customers and run and grow their business. For more information, visit View source version on Contacts Media Contact: Julie MurphyThryv, Investor Contact: Cameron LessardThryv,

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