Thryv Holdings Expects Q3 SaaS Revenue Revenue Of $82M-$84M, FY24 SaaS Revenue Of $326M-$329M
Portfolio Pulse from Benzinga Newsdesk
Thryv Holdings has issued guidance for Q3 2024 and FY 2024. The company expects Q3 SaaS revenue to be between $82M-$84M and FY 2024 SaaS revenue to be between $326M-$329M. Additionally, Q3 SaaS Adjusted EBITDA is projected to be $9M-$10M, and FY 2024 SaaS Adjusted EBITDA is expected to be $30M-$32M. Marketing Services revenue for Q3 is expected to be $94M-$97M, for Q4 $85M-$89M, and for FY 2024 $485M-$492M. Marketing Services Adjusted EBITDA for FY 2024 is projected to be $128M-$131M.

August 01, 2024 | 11:35 am
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POSITIVE IMPACT
Thryv Holdings has provided its Q3 2024 and FY 2024 guidance, projecting strong SaaS and Marketing Services revenue. This positive outlook may boost investor confidence in the short term.
The guidance indicates strong revenue projections for both SaaS and Marketing Services, which is likely to positively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100