Thryv Holdings Expands SaaS Portfolio Amid Financial Moves

The latest update is out from Thryv Holdings ( (THRY) ).

Thryv Holdings, Inc. is making waves in the financial markets with its strategic acquisition of Keap for $80 million, poised to enhance its SaaS offerings. The company is also launching a $75 million equity offering to support this move. With a strong increase in SaaS revenue and adjusted EBITDA, Thryv is shifting away from its Marketing Services, which led to a significant non-cash impairment charge. Amid an ongoing SEC inquiry, Thryv remains committed to growth and transparency, promising more detailed results in November.

For an in-depth examination of THRY stock, go to TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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