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Bentley Systems, Incorporated Class B - BSY STOCK NEWS

Welcome to our dedicated page for Bentley Systems, Incorporated Class B news (Ticker: BSY), a resource for investors and traders seeking the latest updates and insights on Bentley Systems, Incorporated Class B stock.

Bentley Systems, Incorporated (symbol: BSY) is a global leader in providing comprehensive software solutions designed to support architects, engineers, geospatial professionals, constructors, and owner-operators in the design, construction, and operations of infrastructure. The company's offerings enable users to leverage information mobility across various disciplines and throughout the entire infrastructure lifecycle, ensuring better-performing projects and asset management.

Bentley's key products include MicroStation applications for information modeling, ProjectWise collaboration services for integrated project delivery, and AssetWise operations services to achieve intelligent infrastructure management. These solutions are complemented by Bentley's worldwide professional services and comprehensive managed services, ensuring robust support and service for users globally.

Bentley Systems is renowned for its strong commitment to its user community, delivering not just high-quality and integrated software solutions, but also pairing these products with exceptional service and support. The company offers a broad range of products via the cloud, desktop, and hybrid environments, catering to specific needs such as bridge and rail design.

Despite being relatively smaller than some of its peers, like Autodesk, Bentley Systems excels in its core specialty areas and has established a strong global presence. As of fiscal 2022, approximately 58% of the company's revenue was derived from outside the U.S., with significant contributions from regions such as EMEA (28%) and APAC (18%). The public works and utilities sector stands out as Bentley's largest end market, accounting for about two-thirds of the company's revenue.

With its focus on innovation and user-centric solutions, Bentley Systems continues to advance the infrastructure design and management industry, ensuring that its users can achieve unparalleled efficiency and performance in their projects.

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Topcon Positioning Systems partners with Bentley Systems and Worldsensing to integrate GNSS technology into innovative software solutions. The agreements aim to enhance workflows, operational gains, and decision-making in various industries.
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Bentley Systems, Incorporated (BSY) will announce its Q1 2024 results on May 7, 2024. The webcast will be hosted by senior management at 8:15 a.m. ET. Investors can access the press release and webcast link on the company's investor relations website.
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Bentley Systems, Incorporated (Nasdaq: BSY) announced that COO Nicholas Cumins will be promoted to CEO effective July 1, 2024, as Greg Bentley transitions to Executive Chair. The company marked its 40th anniversary with this announcement, highlighting Cumins' extensive experience and Bentley's successful leadership. Cumins, a dual French and U.S. citizen, has a strong background in product management and corporate strategy, making him a fitting successor. Bentley expressed confidence in Cumins' ability to lead the company towards continued growth and innovation.
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Bentley Systems, Incorporated (Nasdaq: BSY) announced its Q4 and full-year 2023 results, showing total revenues of $310.6 million for Q4 and $1,228.4 million for the full year. The company reported an increase in subscription revenues, ARR growth of 12.5%, and a net income per diluted share of $1.00 for 2023. The 2024 financial outlook includes total revenues in the range of $1,350 million to $1,375 million and constant currency growth of 10% to 12%.
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Bentley Systems, Incorporated (Nasdaq: BSY) will release its Q4 and full year 2023 results on February 27, 2024. A webcast will be hosted by senior management to discuss the results at 8:15 a.m. ET. The press release and webcast link will be available on the company’s investor relations website.
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Bentley Systems, Incorporated (Nasdaq: BSY) Declares $0.05 Per Share Dividend for Q4 2023
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Bentley Systems, Inc. (Nasdaq: BSY) announced its third-quarter and nine-month operating results for 2023. Total revenues were $306.6 million for Q3, up 14.3% year-over-year. Subscriptions revenues were $270.8 million, with an ARR of $1,124.8 million. Operating income margin was 24.0%, and cash flow from operations was $72.8 million. For the nine months ended September 30, 2023, total revenues were $917.8 million, up 13.0% year-over-year. Subscriptions revenues were $807.8 million, with an operating income margin of 21.0%, and cash flow from operations of $329.6 million.
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Bentley Systems has announced that bp has selected its AssetWise Asset Lifecycle Information Management (ALIM) and AssetWise Reliability (AR) solutions to manage engineering information and ensure global asset integrity management. bp will standardize AssetWise ALIM across all projects and assets, enabling a seamless migration of critical information throughout the lifecycle. AssetWise Reliability will optimize inspections, minimize maintenance costs, and improve safety and risk management.
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Bentley Systems to release third quarter 2023 operating results on November 7th
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Bentley Systems announces winners of 2023 Going Digital Awards in Infrastructure
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FAQ

What is the current stock price of Bentley Systems, Incorporated Class B (BSY)?

The current stock price of Bentley Systems, Incorporated Class B (BSY) is $48.51 as of November 22, 2024.

What is the market cap of Bentley Systems, Incorporated Class B (BSY)?

The market cap of Bentley Systems, Incorporated Class B (BSY) is approximately 14.6B.

What does Bentley Systems, Incorporated do?

Bentley Systems provides software solutions for architects, engineers, geospatial professionals, constructors, and owner-operators to enhance the design, construction, and operations of infrastructure.

What are the key products offered by Bentley Systems?

Key products include MicroStation for information modeling, ProjectWise for project collaboration, and AssetWise for operations services.

What sectors does Bentley Systems, Incorporated serve?

Bentley Systems serves sectors such as public works and utilities, with a strong focus on infrastructure design and management.

How does Bentley Systems support its users?

Bentley Systems pairs its comprehensive software solutions with exceptional service and support, offering professional and managed services globally.

Where does Bentley Systems generate most of its revenue?

As of fiscal 2022, approximately 58% of Bentley Systems' revenue was derived from outside the U.S., with significant contributions from the EMEA and APAC regions.

What distinguishes Bentley Systems from its competitors?

Bentley Systems excels in specialty areas like bridge and rail design, and offers robust support and integrated solutions, despite being smaller than some competitors.

How does Bentley Systems deliver its solutions?

Bentley Systems delivers its solutions via the cloud, desktop, and hybrid environments.

What is Bentley Systems' largest end market?

The public works and utilities sector is Bentley Systems' largest end market, representing about two-thirds of its revenue.

What is Bentley Systems' commitment to its user community?

Bentley Systems is committed to delivering high-quality software solutions paired with exceptional service and support to its user community.

How does Bentley Systems ensure better project performance?

Bentley Systems enables information mobility across disciplines and throughout the infrastructure lifecycle, ensuring better-performing projects and asset management.

Bentley Systems, Incorporated Class B

Nasdaq:BSY

BSY Rankings

BSY Stock Data

14.57B
156.28M
46.04%
43.3%
2.09%
Software - Application
Services-prepackaged Software
Link
United States of America
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