Thryv Holdings Third Quarter 2022 Earnings: Beats Expectations

Thryv Holdings (NASDAQ:THRY) Third Quarter 2022 Results

Key Financial Results

• Revenue: US$280.7m (down 5.6% from 3Q 2021).
• Net income: US$13.3m (down 63% from 3Q 2021).
• Profit margin: 4.7% (down from 12% in 3Q 2021). The decrease in margin was primarily driven by lower revenue.
• EPS: US$0.39 (down from US$1.05 in 3Q 2021).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Thryv Holdings Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 7.3%. Earnings per share (EPS) also surpassed analyst estimates by 4.7%.

Looking ahead, revenue is expected to decline by 15% p.a. on average during the next 2 years, while revenues in the Media industry in the US are expected to grow by 3.5%.

Performance of the American Media industry.

The company's shares are down 16% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for Thryv Holdings you should be aware of, and 1 of them doesn't sit too well with us.

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