Bentley Systems Inc

BSY

Equity

ISIN US08265T2087 / Valor 56786212

NASDAQ (2025-04-01)

USD 40.49+2.92%

Bentley Systems Inc
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About company

Bentley Systems Inc is a software development company that specializes in providing infrastructure engineering software solutions for the design, construction, and operation of infrastructure projects.

Summarized from source with an LLMView SourceSector: Technology

Total Revenue Growth

Bentley Systems Inc. reported total revenues of $335.2 million for the third quarter of 2024, marking a 9.3% increase year-over-year. On a constant currency basis, the revenue growth was 9.1% compared to the same period in the previous year.

Subscription Revenue Increase

For the third quarter of 2024, Bentley Systems Inc. achieved subscription revenues of $303.2 million, which represents a 12.0% increase year-over-year. On a constant currency basis, the subscription revenue growth was 11.8%.

Annualized Recurring Revenues

As of September 30, 2024, Bentley Systems Inc.'s Annualized Recurring Revenues (ARR) reached $1,270.7 million, showing a 12% growth on a constant currency basis compared to $1,124.8 million as of September 30, 2023.

Operating Income Margin

Bentley Systems Inc. reported an operating income margin of 20.5% for the third quarter of 2024, which is a decrease from the 24.0% margin reported for the same period in the previous year.

Net Income Per Share

In the third quarter of 2024, Bentley Systems Inc. recorded a net income per diluted share of $0.13, compared to $0.16 for the same period last year. The adjusted net income per diluted share was $0.24, up from $0.22 in the previous year.

Summarized from source with an LLMView Source

Key figures

-19.6%1Y

-8.50%3Y

%5Y

Performance

29.0%1Y

37.2%3Y

39.6%5Y

Volatility