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Bentley Systems, Incorporated Class B - BSY STOCK NEWS

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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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Bentley Systems announces the 2023 Going Digital Awards in Infrastructure Founders’ Honors, recognizing 15 projects.
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Bentley Systems describes 2023 as a groundbreaking year for infrastructure intelligence at its annual conference. Engineering data and digital twins are key to increasing infrastructure intelligence. Digital twins are becoming mainstream, with 64% of Going Digital Awards finalists using iTwin. Bentley Systems' offerings help users derive greater infrastructure intelligence from their data. The addition of iTwin capabilities in Bentley Open Applications allows for real-time collaboration and expedited infrastructure intelligence. Bentley Systems highlights its analytical AI capabilities for asset monitoring and its approach to generative AI for design.
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Bentley Systems announces executive appointments
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Bentley Systems' subsidiary, Seequent, is acquiring Flow State Solutions, a leader in geothermal simulation software, to strengthen its position in the geothermal industry.
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Bentley Systems, Infotech, and AASHTO partner to support digital delivery for departments of transportation, improving project outcomes and communication. They will automate digital workflows between design and construction, streamlining processes and optimizing data capture. The collaboration aims to eliminate manual tasks and reduce errors in project delivery.
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Bentley Systems announces finalists for the 2023 Going Digital Awards in Infrastructure, winners to be announced on October 12 in Singapore.
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Bentley Systems, Inc. (Nasdaq: BSY) announced strong second quarter and six months ended June 30, 2023 operating results with total revenues of $296.7 million and $611.2 million, respectively. The company reported a 13% constant currency ARR growth rate, a 110% last twelve-month recurring revenues dollar-based net retention rate, and a 24.7% adjusted operating income margin. CEO Greg Bentley mentioned favorable end market conditions and strong operational execution as key drivers of their performance.
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Bentley Systems, Incorporated (Nasdaq: BSY) has declared a $0.05 per share dividend for the third quarter of 2023. The cash dividend will be paid on August 24, 2023 to all stockholders of record of Class A and Class B common stock as of August 15, 2023.
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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
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United States of America
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