Thryv Holdings Inc (NASDAQ: THRY) saw its stock price tumble 5.90% in pre-market trading on Thursday following the release of its third-quarter 2025 earnings report. The sharp decline comes as the company's earnings per share (EPS) fell significantly short of analyst expectations, overshadowing a slight revenue beat and strong SaaS revenue growth.
The company reported quarterly earnings of $0.13 per share, missing the analyst consensus estimate of $0.25 by a substantial 48.82%. This disappointing figure came despite a 12.07% year-over-year increase in sales to $201.555 million, which narrowly beat the analyst estimate of $200.800 million. Thryv's adjusted EBITDA for the quarter was $40.8 million, also falling short of the $41.5 million expected by analysts.
On a positive note, Thryv highlighted its SaaS revenue growth, which surged 33% in the third quarter. The company also provided guidance for the full year 2025, projecting SaaS revenue between $460.0 million and $463.0 million. However, these encouraging aspects seem to have been overshadowed by the significant earnings miss, leading to the pre-market sell-off as investors reassess the company's near-term profitability and growth prospects.
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