Thryv Holdings (THRY) reported a strong Q1 2026, with EPS of $0.10 beating the -$0.07 forecast, a 242.86% surprise. Revenue reached $167.68 million, exceeding the $161.64 million estimate. The stock jumped 4.64% pre-market to $3.83.
SaaS revenue grew 5% YoY to $116.7 million, now 70% of total revenue. ARPU rose 13% to $378 per month, and high-value customer count increased 6%.
CEO Joe Walsh said: 'We are at an inflection point, leaning into growth. Our AI features are driving engagement and retention.'
FY2026 SaaS revenue guidance raised to $463-471 million. The company expects overall top-line growth in 2027 as it completes its shift to a pure SaaS model.
