Thryv Holdings reports Q4 EPS ($7.39) vs. ($1.47) last year

Reports Q4 revenue $236.2M, consensus $231.79M. Consolidated net loss was $257.5M, or ($7.39) per diluted share, which includes a non-cash charge of $268.8M, or $7.71 per diluted share, related to goodwill impairment; compared to net loss of $50.4M, or ($1.47) per diluted share, for the fourth quarter of 2022. “We are proud to announce robust fourth-quarter and full-year results, marking another successful year for Thryv,” said Joe Walsh, Thryv Chairman, and CEO. “We surpassed guidance on SaaS revenue growth and SaaS Adjusted EBITDA, underscoring our commitment to delivering profitable SaaS growth. Looking ahead to 2024, we plan to accelerate SaaS revenue growth and drive margin expansion by empowering our legacy digital clients to seamlessly transition to the Thryv SaaS platform, enabling them to access an advanced multi-center platform that addresses their everyday needs.”