Bentley Systems

Bentley Systems, Inc. engages in the provision of software solutions for infrastructure engineering, enabling the work of civil, structural, geotechnical, plant engineering practitioners, project delivery enterprises, and owner-operators of infrastructure assets. It offers bridge analysis, building design, civil design, construction, mine design, modeling and visualization, plant design, site analysis, and structural analysis. The firm serves the engineers, architects, geospatial professionals, constructors, and owner-operators. The company was founded by Raymond B. Bentley, Gregory S. Bently, Keith Arthur Bentley, and Barry J. Bentley in 1984 and is headquartered in Exton, PA.

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Bentley Systems reports resilient Q4 performance amid geopolitical challenges

Bentley Systems showcased strong performance amidst geopolitical challenges, emphasizing growth opportunities in key markets like India and the US. The company's strategic focus on new business initiatives, digital twin technology, and acquisitions positions it well for future growth and innovation.

Bentley Systems excels in Q1 2023, eyes China growth and strategic acquisitions

Bentley Systems reported strong Q1 2023 results, with notable performance metrics and positive industry sentiment. The company's strategic focus on China, growth in infrastructure sectors, and emphasis on acquisitions position it well for future growth. Challenges in the commercial facilities segment and potential headwinds in China require careful monitoring, while legislative developments and de-leveraging efforts offer promising opportunities.

Bentley Systems reports solid Q2 performance amidst growth challenges

Bentley Systems delivered strong Q2 results with revenue growth driven by subscriptions and balanced business performance.
Challenges in ARR outlook due to China's impact and workforce capacity constraints are being mitigated by positive business momentum.
Opportunities lie in market expansion in India, digital investments, and strategic positioning for future growth and customer experience.
Overall, Bentley Systems' performance reflects resilience amidst challenges and a strategic focus on leveraging market strengths for growth.

Bentley Systems reports robust Q3 growth and eyes digital expansion

Bentley Systems' Q3 2023 performance reflects strong financial results, driven by recurring revenue streams and operational efficiency.
The company's focus on infrastructure intelligence, digital delivery, and AI presents promising growth opportunities in diverse sectors.
Despite challenges in certain sectors and external financing dynamics, Bentley Systems is strategically positioned for continued expansion and innovation.

Bentley Systems excels in Q4 2023, eyes AI opportunities for growth

Bentley Systems delivered a strong financial performance in Q4 2023 and full-year 2023, driven by subscription revenues and operational efficiency improvements.
While facing challenges from market-specific impacts and seasonality, Bentley's focus on asset analytics, AI opportunities, and digital twins positions the company for future growth.
Opportunities in AI priorities, infrastructure innovation, and ecosystem-friendly platforms present avenues for strategic expansion and sustained ARR growth in 2024.

Bentley Systems reports strong Q1 earnings, eyes engineering sector growth

Bentley Systems reports solid Q1 performance with revenue and income growth.
The company faces challenges in Professional Services revenue and portfolio simplification.
Opportunities lie in addressing resource capacity gaps and strategic investments.
Overall, Bentley Systems remains well-positioned for future growth and innovation.

Bentley Systems reports robust Q2 results amidst AI-driven growth

Bentley Systems delivered strong Q2 2024 results, driven by subscription revenue growth and a focus on AI-driven solutions for asset analytics.
Despite challenges from China and the Cohesive business segment, the company remains confident in its double-digit ARR growth and market positioning.
With a strong performance in North America and opportunities in expanding market segments, Bentley is poised for continued growth and innovation.

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Bentley Systems, Inc. engages in the provision of software solutions for infrastructure engineering, enabling the work of civil, structural, geotechnical, plant engineering practitioners, project delivery enterprises, and owner-operators of infrastructure assets. It offers design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, mining, and industrial facilities. The firm serves engineers, architects, geospatial professionals, constructors, and owner-operators. The company was founded by Raymond B. Bentley, Gregory S. Bently, Keith Arthur Bentley, and Barry J. Bentley in 1984 and is headquartered in Exton, PA.

Bentley Systems, Incorporated (NASDAQ:BSY ) Q3 2024 Earnings Conference Call November 7, 2024 8:15 AM ET Company Participants Eric Boyer - IR Greg Bentley - Executive Chair Nicholas Cumins - Chief Executive Officer Werner Andre - Chief Financial Officer Julien Moutte - Chief Technology Officer Conference Call Participants Joseph Vruwink - Robert W. Baird & Co. Matt Hedberg - RBC Clarke Jeffries - Piper Sandler Kristen Owen - Oppenheimer Jason Celino - KeyBanc Jay Vleeschhouwer - Griffin Michael Funk - Bank of America Dylan Becker - William Blair Joshua Tilton - Wolfe Research Eric Boyer Good morning and thank you for joining Bentley Systems' Q3 2024 Results Webcast.

Bentley Systems, Incorporated (BSY) Q3 2024 Earnings Call Transcript

Although the revenue and EPS for Bentley Systems (BSY) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Here's What Key Metrics Tell Us About Bentley Systems (BSY) Q3 Earnings

Bentley Systems, Incorporated (BSY) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.22 per share a year ago.

Bentley Systems, Incorporated (BSY) Q3 Earnings and Revenues Miss Estimates

EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems, Incorporated (Nasdaq: BSY) today announced results for its third quarter ended September 30, 2024.

Bentley Systems Announces Third Quarter 2024 Results

Get a deeper insight into the potential performance of Bentley Systems (BSY) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Countdown to Bentley Systems (BSY) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS

SALT LAKE CITY--(BUSINESS WIRE)--Blyncsy today announced that it has achieved the Google Cloud Ready - Sustainability designation in the Google Cloud Partner Advantage Program.

Blyncsy Achieves Sustainability Partner Designation in the Google Cloud Partner Advantage Program

Bentley Systems recently ventured into a partnership with Google and acquired a geospatial technology business known as Cesium, which will enable the company to capitalize on the digital twin market's growth opportunities. BSY boasts good earnings quality, considering the company's cash flow conversion rate and its recurring revenue-to-top line percentage. I lift my rating for Bentley Systems to a Buy, following an evaluation of its earnings quality and latest inorganic growth initiatives.

Bentley: Becoming Bullish Considering Growth Initiatives And Earnings Quality (Rating Upgrade)

EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems to Announce Third Quarter 2024 Results on November 7, 2024.

Bentley Systems to Announce Third Quarter 2024 Results on November 7, 2024

VANCOUVER, British Columbia--(BUSINESS WIRE)--Bentley announced winners of the 2024 Going Digital Awards as well as recognized select projects with Founders' Honors for advancing infrastructure.

Bentley Systems Announces Winners of the 2024 Going Digital Awards

VANCOUVER, British Columbia--(BUSINESS WIRE)--Bentley announced new Carbon Analysis capabilities in iTwin Experience to assess and reduce carbon impacts for more sustainable infrastructure.

Bentley Systems' New Carbon Analysis Capabilities Help Reduce Infrastructure's Carbon Footprint

VANCOUVER, British Columbia--(BUSINESS WIRE)--Bentley unveils first-to-market AI-powered civil engineering application, delivering optimized, accurate site designs.

Bentley Systems Announces Generative AI Game-Changer for Civil Site Design

VANCOUVER, British Columbia--(BUSINESS WIRE)--At its Year in Infrastructure event, Bentley highlights the value of open data ecosystems to improve infrastructure resilience and sustainability.

Bentley Systems: Open Data Ecosystems to Advance Infrastructure Engineering

VANCOUVER, British Columbia--(BUSINESS WIRE)--Bentley Systems announced a strategic partnership with Google to improve the way infrastructure is designed, built, and operated.

Bentley Systems Partners with Google to Bring Powerful Geospatial Context and Capabilities to Infrastructure

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These five stocks have strong growth potential for the rest of 2024. These are: BSY, SNCR, ZUO, WDAY, VTEX.

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Bentley Systems (BSY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

All You Need to Know About Bentley Systems (BSY) Rating Upgrade to Strong Buy

The Nasdaq 100 closed higher by around 2.5% during Thursday's session. Investors, meanwhile, focused on some notable insider trades.

Bentley Systems And 1 Other Stock Executives Are Selling

EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems acquires 3D geospatial company Cesium.

Bentley Systems Acquires 3D Geospatial Company Cesium

EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems, Incorporated Declares Third Quarter 2024 Dividend.

Bentley Systems, Incorporated Declares Third Quarter 2024 Dividend

EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems today announced the finalists of the 2024 Going Digital Awards. These awards honor the extraordinary work of Bentley's global users.

Bentley Systems Announces the Finalists of the 2024 Going Digital Awards

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Stocks with dual-class shares will likely lose another member in the not-too-distant future.  On July 29, Lions Gate Entertainment (NYSE: LG.A ) announced that it would move ahead with its plan to eliminate its dual-class share structure by offering to pay its Class A shareholders a 12% premium on their shares.

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Although the revenue and EPS for Bentley Systems (BSY) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Bentley Systems (BSY) Q2 Earnings: A Look at Key Metrics

Bentley Systems, Incorporated (BSY) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.24 per share a year ago.

Bentley Systems, Incorporated (BSY) Q2 Earnings and Revenues Surpass Estimates

EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems, Incorporated (Nasdaq: BSY) today announced results for its second quarter ended June 30, 2024.

Bentley Systems Announces Second Quarter 2024 Results

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SALT LAKE CITY--(BUSINESS WIRE)--As regulatory deadlines approach, 25 snack food suppliers align with ReposiTrak for its state-of-the-art, hardware-free traceability solutions.

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EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that it has been selected as part of a multi-award Request for Proposal by the Pennsylvania Department of Transportation (PennDOT) for state-wide civil design solutions. The contract award extends Bentley's long-standing relationship with PennDOT to advance project delivery. PennDOT has transitioned to Bentley's OpenRoads 3D design software and ProjectWise f.

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