Q3 2025 Thryv Holdings Inc Earnings Call Transcript

Oct 30, 2025 / 12:30 PM GMT

Release Date Price: $8.17 (-30.17%)

Transcript 10-Q8-K

Key Points

Positve

Thryv Holdings Inc (THRY) reported a 33% year-over-year increase in SaaS revenue, reaching $115.9 million in the third quarter.
The company achieved an adjusted gross margin increase of 80 basis points year-over-year, reaching 73% in the third quarter.
Thryv Holdings Inc (THRY) is successfully integrating AI into its software, enhancing features like social captioning, review responses, and call analysis.
The company is making significant progress in its business transformation, focusing on increasing spend per customer and expanding multi-product adoption.
Thryv Holdings Inc (THRY) is effectively leveraging its large customer base to drive growth, with a focus on higher-value clients and larger businesses.

Negative

Thryv Holdings Inc (THRY) missed its guidance for the quarter, coming in at the low end of the range.
The company is experiencing temporary noise in SaaS metrics due to the transition of legacy digital marketing services clients onto its modern platform.
Partner results have been described as just 'okay,' with previous neglect under prior ownership impacting performance.
The company is facing challenges in execution, which was not flawless in the quarter, affecting overall performance.
There is a managed decline in marketing services revenue as Thryv Holdings Inc (THRY) shifts its strategy, with plans to exit marketing services by 2028.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

THRY.OQ - Thryv Holdings Inc
Q3 2025 Thryv Holdings Inc Earnings Call
Oct 30, 2025 / 12:30PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Ladies and gentlemen, thank you for joining us and welcome to the Thrive 3rd quarter 2025 earnings call. After today's prepared remarks, we will host a question-and-answer session. If you would like to ask a question, please raise your hand. If you've dialed in today's call, please press 9 to raise your hand and 6 to unmute your line when prompted. I will now hand the conference over to Cameron Lessard, Vice President of Corporate Development and strategy. Please.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Go ahead.

Good morning and thank you for joining us for Thrive

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.