Thryv Q2 Earnings: Weaker FCF Could Slow Down Its Deleveraging Efforts

Khanchit Khirisutchalual Investment Thesis Last month I shared my bullish investment thesis on Thryv (NASDAQ:THRY) addressing the main concerns that investors have, especially related to the company's debt. I highlighted the positive impact from the refinancing of its debt and my expectation for continued deleveraging coupled with profitable growth in its SaaS business. Based on my valuation estimates, I set a target price range of $26 to$36 per share for the company by 2026, which presented significant up ...