Thryv Holdings, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 03, 2023 at 07:32 am EDT
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Thryv Holdings, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 251.42 million compared to USD 334 million a year ago. Net income was USD 15.98 million compared to USD 58 million a year ago. Basic earnings per share from continuing operations was USD 0.46 compared to USD 1.69 a year ago. Diluted earnings per share from continuing operations was USD 0.43 compared to USD 1.61 a year ago.
For the six months, sales was USD 496.98 million compared to USD 642.37 million a year ago. Net income was USD 25.29 million compared to USD 91.51 million a year ago. Basic earnings per share from continuing operations was USD 0.73 compared to USD 2.68 a year ago. Diluted earnings per share from continuing operations was USD 0.68 compared to USD 2.47 a year ago.
Thryv Holdings, Inc. is a software and marketing services company that enables small-to medium-sized businesses (SMBs). The Companyâs software as a service (SaaS) platform, Thryv, is used by approximately 65,000 businesses, to manage their end-to-end operations. The Companyâs solutions enable its SMB clients to generate new business leads, manage their customer relationships, and run their day-to-day operations. It serves approximately 350,000 SMB clients through four segments. Thryv U.S. Marketing Services segment includes its print and digital solutions business in the United States. Thryv U.S. SaaS segment includes the Company's SaaS flagship all-in-one small business management platform in the United States. Thryv International Marketing Services segment comprises Thryv's print and digital solutions business outside the United States. Thryv International SaaS segment includes its SaaS flagship all-in-one small business management platform outside the United States.