Thryv Holdings Q1 Sales $233.624M Beat $226.551M Estimate
Portfolio Pulse from Benzinga Newsdesk
Thryv Holdings reported Q1 sales of $233.624M, surpassing the analyst consensus estimate of $226.551M by 3.12%, but marking a 4.86% decrease from the previous year's sales of $245.555M.
May 02, 2024 | 11:33 am
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Thryv Holdings exceeded Q1 sales forecasts, reporting $233.624M against an estimate of $226.551M, though sales dropped 4.86% YOY.
Beating sales estimates typically has a positive impact on investor sentiment and can lead to a short-term increase in stock price. However, the year-over-year decrease in sales might temper some of the positive momentum, indicating a mixed but overall positive short-term outlook.
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