Bentley Systems to Announce Fourth Quarter and Full Year 2021 Operating Results and 2022 Financial Outlook

Rhea-AI Summary

Bentley Systems (Nasdaq: BSY) announced promotions for Nicholas Cumins as COO and Werner Andre as CFO, effective January 2022, alongside CEO Greg Bentley's remarks on the positive impact of the U.S. Infrastructure Investment and Jobs Act. The company will report its fourth-quarter and full-year 2021 results and discuss its 2022 outlook on March 1, 2022, via a live webinar. Bentley Systems is focused on digital transformation in infrastructure engineering, with more than $800 million in annual revenues and a global presence in 172 countries.

Positive

• Promotions of Nicholas Cumins to COO and Werner Andre to CFO signal strategic leadership changes.
• Potential benefits from the U.S. Infrastructure Investment and Jobs Act could enhance market opportunities.

Negative

• None.

Inaugurates 2022 with COO, CFO Promotions and Underlying Momentum

EXTON, Pa.--(BUSINESS WIRE)-- Bentley Systems, Incorporated (Nasdaq:BSY), the infrastructure engineering software company today announced that it will release its fourth quarter and full year 2021 operating results, as well as discuss its 2022 outlook, on March 1, 2022.

In the meantime, the new year has effectuated the previously announced promotions of Nicholas Cumins to Chief Operating Officer, and of Werner Andre to Chief Financial Officer, as David Hollister transitions to Chief Investment Officer.

BSY CEO Greg Bentley said: “We at BSY are excited to have Nicholas, Werner, and David assuming their new leadership roles at this particular environment of accelerated opportunities. The Infrastructure Investment and Jobs Act in the U.S. is representative of burgeoning momentum for infrastructure engineering globally, to advance economic and environmental resilience. Our users, accounts, and prospects across the world palpably share our enthusiasm for going digital, to better meet these sustained priorities.”

Q4 and Full Year 2021 Operating Results and 2022 Financial Outlook Webcast Details

A live Zoom video webinar of the event can be accessed at 8:15 a.m. EST on March 1, 2022 through a direct registration link at https://zoom.us/webinar/register/WN_rP8Uv_28Q3GEOkkAFHwBGg. Alternatively, the event can be accessed from the Events & Presentations page on Bentley Systems’ Investor Relations website at https://investors.bentley.com. A replay and transcript will be available after the conclusion of the live event on Bentley Systems’ Investor Relations website.

# #

About Bentley Systems
Bentley Systems (Nasdaq:BSY) is the infrastructure engineering software company. We provide innovative software to advance the world’s infrastructure – sustaining both the global economy and environment. Our industry-leading software solutions are used by professionals, and organizations of every size, for the 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. Our offerings include MicroStation-based applications for modeling and simulation, ProjectWise for project delivery, AssetWise for asset and network performance, Seequent’s leading geosciences software portfolio, and the iTwin platform for infrastructure digital twins. Bentley Systems employs more than 4,000 colleagues and generates annual revenues of more than $800 million in 172 countries. www.bentley.com

^{© 2021 Bentley Systems, Incorporated. Bentley, the Bentley logo, AssetWise, iTwin, MicroStation, ProjectWise, and Seequent are either registered or unregistered trademarks or service marks of Bentley Systems, Incorporated or one of its direct or indirect wholly owned subsidiaries. All other brands and product names are trademarks of their respective owners.}

View source version on businesswire.com: https://www.businesswire.com/news/home/20220105005945/en/

Press:

Carey Mann

+1 610 458 3170

Carey.Mann@bentley.com

Follow us on Twitter:

@BentleySystems

Source: Bentley Systems, Incorporated

FAQ

What promotions were announced by Bentley Systems on January 2022?

Bentley Systems announced Nicholas Cumins as COO and Werner Andre as CFO, effective January 2022.

When will Bentley Systems report its Q4 and full-year 2021 results?

Bentley Systems will report its Q4 and full-year 2021 results on March 1, 2022.

What is the significance of the U.S. Infrastructure Investment and Jobs Act for Bentley Systems?

The U.S. Infrastructure Investment and Jobs Act represents growth opportunities for Bentley Systems in the infrastructure engineering sector.

What revenues did Bentley Systems generate annually?

Bentley Systems generates more than $800 million in annual revenues.

How many countries does Bentley Systems operate in?

Bentley Systems operates in 172 countries worldwide.