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.

Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 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.

BSY has shown robust financial performance, with growing revenue and levered free cash flows, and a decreasing debt/equity ratio. BSY's partnership with BP and acquisition of Blyncsy are set to strengthen its market position and enhance its capabilities in the AI segment. Strong demand in infrastructure investment and engineering resource gap will bolster BSY's growth outlook.

Bentley Systems: Strong Infrastructure Investment And AI Solution Demand Boosting Growth

EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems, Incorporated Declares Fourth Quarter 2023 Dividend.

Bentley Systems, Incorporated Declares Fourth Quarter 2023 Dividend

Bentley Systems, Incorporated (NASDAQ:BSY ) Q3 2023 Results Conference Call November 7, 2023 8:15 AM ET Company Participants Eric Boyer - Investor Relations Greg Bentley - Chief Executive Officer Nicholas Cumins - Chief Operating Officer Werner Andre - Chief Financial Officer Conference Call Participants Matthew Hedberg - RBC Joe Vruwink - Robert Baird Kristen Owen - Oppenheimer Jason Celino - KeyBanc Michael Funk - Bank of America Matthew Broome - Mizuho Joshua Tilton - Wolfe Research Warren Meyers - Griffin Securities Blair Abernethy - Rosenblatt Securities Clarke Jeffries - Piper Sandler Eric Boyer Good morning and thank you for joining Bentley Systems' Q3 2023 Operating Results. I'm Eric Boyer, Bentley's Investor Relations Officer.

Bentley Systems, Incorporated (BSY) Q3 2023 Earnings Call Transcript

Although the revenue and EPS for Bentley Systems, Incorporated (BSY) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Bentley Systems, Incorporated (BSY) Reports Q3 Earnings: What Key Metrics Have to Say

EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems, Incorporated (Nasdaq: BSY) today announced operating results for its third quarter ended September 30, 2023.

Bentley Systems Announces Operating Results for the Third Quarter of 2023

Get a deeper insight into the potential performance of Bentley Systems, Incorporated (BSY) for the quarter ended September 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Unveiling Bentley Systems, Incorporated (BSY) Q3 Outlook: Wall Street Estimates for Key Metrics

EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems to Announce Third Quarter 2023 Operating Results.

Bentley Systems to Announce Third Quarter 2023 Operating Results

SINGAPORE--(BUSINESS WIRE)--Bentley Systems Announces Winners of the 2023 Going Digital Awards in Infrastructure.

Bentley Systems Announces Winners of the 2023 Going Digital Awards in Infrastructure

SINGAPORE--(BUSINESS WIRE)--Bentley Systems today announced the 2023 Going Digital Awards in Infrastructure Founders' Honors.

Bentley Systems Announces the 2023 Going Digital Awards in Infrastructure Founders' Honors

SINGAPORE--(BUSINESS WIRE)--At its annual Year in Infrastructure conference, Bentley Systems described 2023 as a “groundbreaking year” for infrastructure intelligence.

Bentley Systems Recognizes the Year in Infrastructure 2023 as Groundbreaking for Infrastructure Intelligence

SINGAPORE--(BUSINESS WIRE)--Bentley Systems Announces Executive Appointments.

Bentley Systems Announces Executive Appointments

SINGAPORE--(BUSINESS WIRE)--Bentley Systems Announces Seequent's Acquisition of Geothermal Simulation Leader Flow State Solutions.

Bentley Systems Announces Seequent's Acquisition of Geothermal Simulation Leader Flow State Solutions

Bentley Systems, Incorporated, provides software applications for infrastructure and building design analysis. The global market for infrastructure software is expected to reach $282 billion by 2030. The U.S. engineering industry is in strong demand, with increasing project backlogs and growing government spending over time.

Bentley Systems Sees Increasing Industry Project Backlog Supporting Growth

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Genesis Welcomes Jake McGregor as Director of Product Innovation

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EXTON, Pa.--(BUSINESS WIRE)-- #engineering--Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the finalists of the 2023 Going Digital Awards in Infrastructure. The annual awards program honors the extraordinary work of Bentley software users advancing infrastructure design, construction, and operations throughout the world. Twelve independent jury panels, representing 12 award categories, selected the 36 finalists from over 300 nominations submitted.

Bentley Systems Announces the Finalists of the 2023 Going Digital Awards in Infrastructure

Bentley Systems, Incorporated (BSY) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Down -14.78% in 4 Weeks, Here's Why Bentley Systems, Incorporated (BSY) Looks Ripe for a Turnaround

The heavy selling pressure might have exhausted for Bentley Systems, Incorporated (BSY) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Bentley Systems, Incorporated (BSY) Loses -14.49% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Bentley Systems, Incorporated (BSY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

What Makes Bentley Systems, Incorporated (BSY) a New Buy Stock

EXTON, Pa.--(BUSINESS WIRE)-- #engineering--Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the acquisition of Blyncsy.

Bentley Systems' iTwin Ventures Acquires Blyncsy, Breakthrough Innovator in AI Services for Transportation Operations and Maintenance

Bentley Systems, Incorporated (NASDAQ:BSY ) Q2 2023 Earnings Conference Call August 8, 2023 8:15 AM ET Company Participants Sandra-Ann Morency - Investor Communications Manager Greg Bentley - CEO Werner Andre - CFO Nicholas Cumins - COO Conference Call Participants Matthew Broome - Mizuho Group Joe Verwing - Robert W Baird Matt Hedberg - RBC Devin Au - KeyBanc Joshua Tilton - Wolfe Andrew DeGasperi - Berenberg Capital Markets Jay Vleeschhouwer - Griffin Securities Kristen Owen - Oppenheimer Michael Funk - Bank of America Matt Martino - Goldman Sachs Blair Abernethy - Rosenblatt Securities Clarke Jeffries - Piper Sandler Sandra-Ann Morency Good morning and thank you for joining Bentley Systems' Q2 2023 Operating Results. I'm Sandra-Ann Morency, Bentley's Investor Communications Manager.

Bentley Systems, Incorporated (BSY) Q2 2023 Earnings Call Transcript

The headline numbers for Bentley Systems, Incorporated (BSY) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Bentley Systems, Incorporated (BSY) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Bentley Systems, Incorporated (BSY) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.22 per share a year ago.

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

EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems, Incorporated (Nasdaq: BSY) today announced operating results for its second quarter ended June 30, 2023.

News for Bentley Systems Stock (BSY)