Thryv Holdings (THRY) Q2 FY26 earnings call

Thryv Holdings delivered Q2 FY26 results marked by a significant strategic pivot, launching its AI-native Thrive Growth Platform on August 3rd. This move, coupled with new partnerships and integrations, sharpens the company's focus on local service businesses and ecosystem-led growth. While full-year SaaS guidance was revised downward due to deliberate investment sequencing, management expects the new platform and increased sales/marketing spend to drive future growth and improved margins, supported by a restructuring program yielding $60 million in run-rate savings.