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 Q1 2021

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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

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 (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.

Bentley Systems Announces Operating Results for the Second Quarter of 2023

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

Bentley Systems, Incorporated Declares Third Quarter 2023 Dividend

EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, announced today the date for the release of its second quarter 2023 operating results. Second Quarter 2023 Operating Results Bentley Systems will release second quarter 2023 operating results, before the market opens, on Tuesday, August 8, 2023. A live Zoom video webinar of the event can be accessed at 8:15 a.m. EDT that same day through a direct registration link. About Be.

Bentley Systems to Announce Second Quarter 2023 Operating Results

Bentley Systems reported its Q1 2023 financial results on May 9, 2023. The firm provides an array of engineering workflow and related software worldwide. Bentley Systems' revenue growth looks solid with the onset of the U.S. IIJA infrastructure spending and is well positioned for further profit growth.

Bentley Systems Is Well Positioned For U.S. Infrastructure Spending Ramp

Here is how Bentley Systems, Incorporated (BSY) and Salesforce.com (CRM) have performed compared to their sector so far this year.

Is Bentley Systems (BSY) Outperforming Other Computer and Technology Stocks This Year?

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EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems Announces Allen Li has Joined as General Manager, China.

Bentley Systems Announces Allen Li has Joined as General Manager, China

EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that members of its management team will participate at the following investor conferences: Greg Bentley, Bentley Systems' chief executive officer, will present at the Baird Global Consumer, Technology & Services Conference in New York, U.S.A. on Tuesday, June 6, 2023 from 2:00 p.m. to 2:30 p.m. (EDT). Greg Bentley, Bentley Systems' chief executive offic.

Bentley Systems Announces Upcoming Conference Participation

Does Bentley Systems, Incorporated (BSY) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Bentley Systems, Incorporated (BSY) a Strong Momentum Stock: Buy Now?

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

Bentley Systems, Incorporated Declares Second Quarter 2023 Dividend

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Bentley Systems, Incorporated (NASDAQ:BSY ) Q1 2023 Earnings Conference Call May 9, 2023 8:15 AM ET Company Participants Eric Boyer - Investor Relations Officer Greg Bentley - CEO Werner Andre - CFO Nicholas Cumins - COO Conference Call Participants Kristen Owen - Oppenheimer Matt Hedberg - RBC Joe Vruwink - Robert W. Baird Jason Celino - KeyBanc Joshua Tilton - Wolfe Matthew Broome - Mizuho Group Andrew DeGasperi - Berenberg Capital Markets Jay Vleeschhouwer - Griffin Securities Blair Abernethy - Rosenblatt Securities Matt Martino - Goldman Sachs Michael Funk - Bank of America Eric Boyer Good morning and thank you for joining Bentley Systems' Q1 2023 Operating Results.

Bentley Systems, Incorporated (BSY) Q1 2023 Earnings Call Transcript

EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems, Incorporated (Nasdaq: BSY) today announced operating results for its first quarter ended March 31, 2023.

Bentley Systems Announces Operating Results for the First Quarter of 2023

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

Bentley Systems to Announce First Quarter 2023 Operating Results

Bentley Systems Announces Strategic Agreement with Worldsensing

EXTON, Pa. & MINNEAPOLIS--(BUSINESS WIRE)--Bentley Systems announced an initiative with WSB to lead civil infrastructure owners and contractors to adopt and use infrastructure digital twins.

WSB and Bentley Systems Offer New Digital Construction Management Service Based on SYNCHRO

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Software-as-a-service solution purpose-built for energy infrastructure and electric utilities, driven by deep integration with SPIDA®, a Bentley Company BOSTON , March 7, 2023 /PRNewswire/ -- ClimaTwin®, Climate Risk Intelligence for Infrastructure Digital Twins™, is proud to announce a software-as-a-service solution purpose-built for energy infrastructure and electric utilities, driven by deep integration with SPIDA®, a Bentley Company (NASDAQ: BSY). SPIDA is the enterprise solution provider that helps electric utilities and telecommunications companies model, analyze, and manage overhead infrastructure assets.

ClimaTwin Releases Climate Risk Intelligence Solution Purpose-built for Electric Utilities

Bentley Systems Issues Call for Nominations for the 2023 Going Digital Awards in Infrastructure

Bentley Systems, Incorporated (NASDAQ:BSY ) Q4 2022 Earnings Conference Call February 28, 2023 8:15 AM ET Company Participants Eric Boyer – Investor Relations Officer Greg Bentley – Chief Executive Officer Keith Bentley – Chief Technology Officer David Hollister – Chief Investment Officer Werner Andre – Chief Financial Officer Nicholas Cumins – Chief Operating Officer Conference Call Participants Joe Vruwink – Baird Matt Hedberg – RBC Kristen Owen – Oppenheimer Andrew DeGasperi – Berenberg Matthew Broome – Mizuho Jason Celino – KeyBanc Eric Boyer Good morning and thank you for joining Bentley Systems Q4 2022 Operating Results and 2023 Outlook Webcast. I'm Eric Boyer, Bentley's Investor Relations Officer.

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