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 2023

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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.

Autodesk

There is a long-term secular increase in global demand for infrastructure and buildings, but the construction process has been hampered by inefficiency and low productivity improvements. Architecture, Engineering, and Construction software vendors like Bentley and Autodesk will grow by helping drive productivity through digitization of the design, construction, and asset management process.

Bentley And Autodesk: Improving Infrastructure Builders' Productivity And Generating Attractive Shareholder Returns

EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems today announced that its Seequent business unit has acquired Denver-based Advanced Resources and Risk Technology, LLC (AR2Tech).

Bentley Systems Announces Seequent's Acquisition of Advanced Resources and Risk Technology (AR2Tech)

EXTON, Pa.--(BUSINESS WIRE)-- #YII2021--Bentley Systems Announces Winners of the 2021 Going Digital Awards in Infrastructure

Bentley Systems Announces Winners of the 2021 Going Digital Awards in Infrastructure

EXTON, Pa.--(BUSINESS WIRE)-- #YII2021--Bentley Systems Announces the Year in Infrastructure 2021 Founders' Honorees

Bentley Systems Announces the Year in Infrastructure 2021 Founders' Honorees

EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems today announced that its Board of Directors declared a $0.03 per share dividend for the fourth quarter of 2021.

Bentley Systems, Incorporated Declares Fourth Quarter 2021 Dividend

EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems, Incorporated (Nasdaq: BSY), today announced that it has entered into a definitive agreement to acquire Power Line Systems.

Bentley Systems Enters into Agreement to Acquire Power Line Systems, Global Leader in Software for Power Transmission Engineering

Bentley Systems, Incorporated (BSY) CEO Greg Bentley on Q3 2021 Results - Earnings Call Transcript

Bentley Systems, Incorporated (BSY) delivered earnings and revenue surprises of 6.25% and 0.84%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Bentley Systems, Incorporated (BSY) Beats Q3 Earnings and Revenue Estimates

Bentley Systems (NASDAQ:BSY) reported its Q3 earnings results on Tuesday, November 9, 2021 at 08:00 AM. Here's what investors need to know about the announcement.

Recap: Bentley Systems Q3 Earnings

EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems, Incorporated (Nasdaq:BSY) (“Bentley Systems” or the “Company”), the infrastructure engineering software company, today announced operating results for its third quarter and nine months ended September 30, 2021. Third Quarter 2021 Financial Results: GAAP total revenues were $248.5 million, and adjusted total revenues were $251.4 million, up 23.7% year-over-year; GAAP subscriptions revenues were $212.2 million, and adjusted subscriptions revenues were

Bentley Systems Announces Operating Results for the Third Quarter of 2021

EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems, Incorporated (Nasdaq:BSY), the infrastructure engineering software company, today announced executive promotions effective January 1, 2022. Nicholas Cumins, currently Chief Product Officer, will assume the newly created role of Chief Operating Officer, adding responsibilities for BSY's sales and marketing, user success, and business operations. Werner Andre will be promoted to Chief Financial Officer, while remaining the designated Chief Accounting

Bentley Systems Announces Executive Promotions of Nicholas Cumins and Werner Andre to Become Respectively COO and CFO, for 2022

Bentley Systems, Incorporated (BSY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Bentley Systems, Incorporated (BSY) to Report a Decline in Earnings: What to Look Out for

EXTON, Pa.--(BUSINESS WIRE)--Bentley Education Program Expands to Global Scope

Bentley Education Program Expands to Global Scope

WALNUT CREEK, Calif., Oct. 22, 2021 /PRNewswire/ -- SewerAI, a global leader in use of AI computer vision and Cloud computing sewer condition assessment, today announced that Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, participated in SewerAI's $1.5m venture round through the Bentley iTwin Ventures Fund.

SewerAI Acquires funding from Bentley iTwin Ventures to Expand Digital Twin Capabilities in Wastewater Space

EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems to Announce Third Quarter 2021 Operating Results; Presenting at Upcoming Investor Conferences

Bentley Systems to Announce Third Quarter 2021 Operating Results; Presenting at Upcoming Investor Conferences

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EXTON, Pa. & SINGAPORE--(BUSINESS WIRE)--Bentley Systems, Incorporated (Nasdaq:BSY), and SMRT Trains, have successfully completed the implementation of a Predictive Decision Support System.

Bentley Systems and SMRT Trains Collaborate to Improve Safety and Reliability of Metro Rail Services in Singapore

EXTON, Pa.--(BUSINESS WIRE)--The Cohesive Companies, a wholly-owned business unit of Bentley Systems, Incorporated (Nasdaq:BSY), announced its acquisition of OXplus.

The Cohesive Companies Expand in Transportation Infrastructure Globally with Acquisition of OXplus and through Executive Succession

EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems, Incorporated (Nasdaq:BSY), today announced the finalists for the 2021 Going Digital Awards in Infrastructure.

Bentley Systems Announces Finalists for the 2021 Going Digital Awards in Infrastructure

EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems today announced that its Seequent business unit has acquired Canadian software company Minalytix, the developer of MX Deposit.

Bentley Systems Announces Seequent's Acquisition of Minalytix

EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that its Board of Directors declared a $0.03 per share dividend for the third quarter of 2021. The cash dividend is payable on September 9, 2021 to all stockholders of record of Class A and Class B common stock as of the close of business on September 1, 2021. About Bentley Systems Bentley Systems (Nasdaq: BSY) is the infrastructure engineering software comp

Bentley Systems, Incorporated Declares Third Quarter 2021 Dividend

Bentley Systems, Incorporated (BSY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Bentley Systems, Incorporated (BSY) Upgraded to Buy: Here's What You Should Know

Bentley Systems Inc (NASDAQ: BSY) reported second-quarter FY21 revenue growth of 21% year-on-year to $222.9 million, beating the analyst consensus of $212.4 million. Segments: Revenues from Subscriptions rose 17.6% Y/Y to $185.5 million, Services increased 83% Y/Y to $26.1 million, and Perpetual licenses declined 8% Y/Y to $11.4 million.

Digitization, ARR Growth Help Bentley Clock 21% Q2 Revenue Growth; Raises FY21 Revenue Outlook

Bentley Systems' (BSY) CEO Greg Bentley on Q2 2021 Results - Earnings Call Transcript

EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems, Incorporated (Nasdaq: BSY) (“Bentley Systems” or the “Company”), the infrastructure engineering software company, today announced operating results for its second quarter and six months ended June 30, 2021. Second Quarter 2021 Financial Results: Total revenues were $222.9 million, up 21.0% year-over-year; Subscriptions revenues were $185.5 million, up 17.6% year-over-year; Last twelve-month recurring revenues were $746.2 million, up 12.1% year-over-

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