Call Start: 16:30 January 1, 0000 5:09 PM ET
Thryv Holdings, Inc. (NASDAQ:THRY)
Q1 2022 Earnings Conference Call
May 4, 2022 04:30 PM ET
Company Participants
Cameron Lazard - Investor Relations
Joe Walsh - Chairman and Chief Executive Officer
Paul Rouse - Chief Financial Officer
Conference Call Participants
Arjun Bhatia - William Blair & Company
John Godin - Needham & Company
Zach Cummings - B. Riley Securities
Shrenik Kothari - Robert W. Baird & Co.
Daniel Moore - CJS Securities, Inc.
Operator
Ladies and gentlemen, good afternoon. My name is Abbie and I will be your conference operator today. At this time, I would like to welcome everyone to the Thryv First Quarter 2022 Earnings Conference Call. [Operator Instructions] Thank you.
And at this time, I would like to turn the conference over to Cameron Lazard, Director of Investor Relations and Capital Markets. Mr. Lazard, you may begin your conference.
Cameron Lazard
Good morning and thank you for joining us on today's conference call to discuss Thryv's first quarter 2022 financial results. With me on today’s call are Joe Walsh, Chairman and Chief Executive Officer; and Paul Rouse, Chief Financial Officer.
Before we begin, I would like to remind you that shortly before today’s call we issued a press release announcing our first quarter 2022 financial results. We also published an investor presentation on our website at investor.thryv.com. Please note that information regarding our quarterly performance and guidance can be found towards the back of the presentation.
I would like to remind listeners that some of the comments made on today’s call and some of the responses to your questions may contain forward-looking statements about the operations and future results of the company. These statements are subject to the risks and uncertainties described in the company’s earnings release, and other filings with SEC.
Thryv has no obligation to update the information presented on the call. Also on today’s call, our speakers will reference certain non-GAAP financial measures which we believe will provide useful information for investors. Reconciliation of those measures to GAAP will be posted on our Investor Relations website.
With that introduction, I would like to turn the call over to Joe Walsh.
Joe Walsh
Thank you, Cameron and thank you all for joining us on today's call. Q1 was yet another strong quarter for Thryv, its revenue and EBITDA all beating, so we are raising it. Let's jump into the headlines. Total SaaS revenue grew 29% in the first quarter. SaaS subscribers are growing nicely now at 47,000 subscribers, so on track for double-digit subscriber growth.