Thryv Holdings, Inc. (NASDAQ:THRY) Q1 2024 Earnings Call Transcript

Joe Walsh: Yes. And Paul, I would just jump on the — sorry I would just add a little bit to the answer there. I mean, one of the things that I realize is challenging sometimes for people observing Thryv or investing or thinking of investing is our metrics are not always perfectly smooth, like they don’t always go perfectly up and to the right. Part of that is because we’re transforming this giant business into what we’re creating. And it sometimes is lumpy and chunky and bounces around a little bit. And if you back up and look at the overall trend over a period of years, you’ve got a rapid transition. But within that, sometimes the metrics have bounced around a little bit, whether it was one individual point or another. And I would just sort of ask people to take one step back and look at the grander picture, you’ve got small businesses moving into the cloud.

They weren’t before, now they’re going in. They’re going in fast now. And that trend is really accelerating. And we’re the category leader in that trend, playing it. And the transformation is happening. And it’s happening very quickly. And our Do-It-All Small business software is very popular in the market. And I think that’s what folks are investing in. And the future cash generation capabilities of the company are strong. So I don’t know if you had a follow-up there, Dan.

Daniel Moore: No, that was it. And clearly, the transition is accelerating in the right direction. Just trying to set the expectations bar appropriately. Thank you again for the color.

Joe Walsh: All right. Thank you. I think that wraps up for us.

Operator: Ladies and gentlemen, that concludes today’s call. Thank you all for joining. You may now disconnect.