Thryv Holdings, Inc. entered into an Asset Purchase Agreement to sell its Yellow and White Pages directories business in the United States, Australia, and New Zealand for $142 million in cash. The transaction excludes Thryv's Internet Yellow Pages and other online properties, which will be retained by the company. Proceeds are intended to reduce debt and strengthen the balance sheet. The deal is expected to close in the fourth quarter of 2026, subject to customary closing conditions. Thryv Holdings, Inc. operates as an AI-powered SaaS platform provider for local service businesses.

Thryv Holdings, Inc. terminated its 2026 Short-Term Incentive Plan and replaced it with the H2 2026 Short-Term Incentive Plan (Bridge Plan), effective July 1, 2026. This change follows a recent company restructuring that altered second-half business priorities. The new plan covers the period from July 1 through December 31, 2026, and prorates eligible employees' target opportunities to fifty percent of their previous annual targets. Performance targets were updated to align with revised operating goals. Thryv Holdings operates in the small business marketing technology industry.

Thryv Holdings reported a net loss of $16.7 million ($0.38 per diluted share) for Q2 2026, compared to net income of $13.9 million in the prior year period. Consolidated revenue declined 28.4% year-over-year to $150.7 million, driven by a 62% drop in Marketing Services revenue as clients transitioned to the SaaS platform. SaaS revenue was $114.5 million, with ARPU increasing 12% to $394 and SaaS representing 76% of total revenue. The company announced a strategic restructuring plan to improve operating efficiencies, expecting charges of $20–$25 million and annualized cost savings of $55–$60 million by 2027. Thryv issued Q3 2026 guidance projecting SaaS revenue of $111–$112 million and total revenue of $145–$147 million. The company operates in the technology sector, providing an AI-native growth platform for local service businesses.