Thryv Holdings Shares Plunge Amid Analyst Downgrades and Growth Concerns

Thryv Holdings is facing a severe market downturn as multiple analyst downgrades and mounting worries about its SaaS business growth trigger a massive selloff. The company’s shares are trading near their 52-week low, having lost more than 40% of their value in just the past week alone.

Recent financial indicators from Thryv Holdings reveal conflicting signals about the company’s health:

• Profitability Decline: Net income dropped sharply by 47.51% to $12.42 million
• Revenue Contraction: The five-year annual revenue growth rate stands at -10.03%
• Leverage Concerns: A debt ratio of 1.23 points to substantial borrowing levels

Despite maintaining profitability Read more...