Thryv (THRY) Scheduled to Post Earnings on Thursday

Thryv (NASDAQ:THRY) will be posting its quarterly earnings results before the market opens on Thursday, August 1st. Analysts expect Thryv to post earnings of $0.41 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Thryv (NASDAQ:THRY) last issued its earnings results on Thursday, May 2nd. The company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.15). The firm had revenue of $233.62 million during the quarter, compared to analyst estimates of $226.66 million. Thryv had a negative net margin of 28.75% and a positive return on equity of 3.07%. Thryv’s revenue was down 4.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.25 EPS. On average, analysts expect Thryv to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Thryv Stock Performance

Thryv stock opened at $19.57 on Wednesday. The company has a market cap of $701.21 million, a price-to-earnings ratio of -2.60 and a beta of 0.83. Thryv has a 12 month low of $15.99 and a 12 month high of $26.42. The company has a debt-to-equity ratio of 1.77, a current ratio of 1.15 and a quick ratio of 1.15. The stock’s 50-day moving average is $18.96 and its 200-day moving average is $20.62.

Insider Activity at Thryv

In related news, CEO Joe Walsh bought 2,500 shares of the firm’s stock in a transaction dated Wednesday, May 22nd. The stock was bought at an average price of $21.11 per share, with a total value of $52,775.00. Following the completion of the transaction, the chief executive officer now directly owns 500,567 shares of the company’s stock, valued at $10,566,969.37. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 10.80% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC reaffirmed a “buy” rating and set a $28.00 price target on shares of Thryv in a research report on Wednesday, May 15th.

Thryv Company Profile

Thryv Holdings, Inc provides digital marketing solutions and cloud-based tools to the small-to-medium sized businesses in the United States. It operates through four segments: Thryv U.S. Marketing Services, Thryv U.S. SaaS, Thryv International Marketing Services, and Thryv International SaaS. The company provides print yellow pages, internet yellow pages, and search engine marketing; and other digital media solutions, such as online display and social advertising, online presence and video, and search engine optimization tools.