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Thryv Raises SaaS Revenue Guidance, Releases ThryvPay Mobile App and Reports First Quarter 2021 Financial Results


Thryv Raises SaaS Revenue Guidance, Releases ThryvPay Mobile App and Reports First Quarter 2021 Financial Results
SaaS Revenue Grows 17% Year-Over-Year
Strong SaaS Metrics show upward trajectory of Thryv software business
DALLAS (BUSINESS WIRE) #earnings Thryv Holdings, Inc. (NASDAQ:THRY) (“Thryv” or the “Company”), the provider of Thryv
® software, the end-to-end client experience platform for growing small businesses, announced financial results for the first quarter 2021. The Company has also raised its 2021 outlook for its SaaS segment.

Our strong Q1 performance confirms we are offering the right solution for small businesses,” said Joe Walsh, CEO and president of Thryv. “
As a result of our execution, we are raising our SaaS revenue guidance for 2021 and remain well-positioned to capitalize on the market opportunity.” ....

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CORRECTION - Accolade Announces Results for Fiscal Fourth Quarter and Full Year 2021


 
(1) A reconciliation of GAAP to non-GAAP results has been provided in this press release in the accompanying Financial Tables. An explanation of these measures is also included below under the heading “Non-GAAP Financial Measures.”
(2) Percentages are calculated from accompanying Financial Tables and may differ from percentage change of numbers in Financial Highlights table due to rounding.
Financial Outlook
For the fiscal first quarter ending May 31, 2021, we expect:
Revenue between $54 million and $56 million
Adjusted EBITDA, a non-GAAP measure, between $(16) million and $(19) million
For the fiscal year ending February 28, 2022, we expect:
Revenue between $260 million and $265 million
Adjusted EBITDA, a non-GAAP measure, between $(38) million and $(42) million ....

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