Beamr video compression achieves up to 50% improvement for AVs
In a challenging market environment, THRY, the stock of Dex Media Inc, has recorded a 52-week low, dipping to $13.02. According to InvestingPro data, the stock’s RSI indicates oversold territory, while analysts predict the company will return to profitability this year. This latest price level reflects a significant downturn from the company’s performance over the past year, with Dex Media Inc witnessing a substantial 1-year change, plummeting by -42.38%. Investors are closely monitoring the stock as it navigates through the current economic headwinds, which have pressured the company’s market valuation and investor sentiment. The 52-week low serves as a critical indicator for the market participants who are assessing the stock’s potential for recovery or further decline in the coming months. InvestingPro analysis suggests the stock is currently undervalued, with analyst price targets ranging from $17 to $30, significantly above current levels. Discover more insights and 5 additional ProTips in the comprehensive Pro Research Report.
In other recent news, Thryv Holdings Inc. reported strong results for the fourth quarter of 2024, with a notable 41% year-over-year increase in revenue from its software-as-a-service (SaaS) segment. The company achieved a total SaaS revenue of $104.3 million, contributing significantly to its full-year SaaS revenue of $343.5 million, marking a 30% growth compared to the previous year. Thryv’s strategic acquisition of Keap has further strengthened its position, with the acquisition expected to contribute between $75 million and $78 million in 2025. Additionally, Thryv prepaid $78.8 million in debt for 2024, enhancing its financial stability. RBC Capital Markets initiated coverage on Thryv, assigning a "Sector Perform" rating and setting a price target of $17, highlighting the company’s ongoing transition to a SaaS-focused business model. The analysts at RBC emphasize the importance of execution for Thryv to capitalize on its increasing SaaS revenue. These developments reflect Thryv’s strategic focus on expanding its SaaS offerings and improving its financial health.
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