Bentley Systems Inc Stock Price, News & Analysis

Bentley Systems (Nasdaq: BSY) has announced the launch of an open API framework for its Blyncsy roadway intelligence solution, along with new self-service tools. The enhancement enables third-party developers and businesses to integrate with Blyncsy's analytics solution through a self-service portal.

The Blyncsy solution uses AI and crowdsourced imagery to provide automated detection and analysis of roadway assets and conditions. The new API framework will grant access to crowdsourced dash camera imagery, including pedestrian and bicyclist detection models, roadway debris, and vegetation detection features. Additional roadway detections are planned for 2025.

Bentley Systems (Nasdaq: BSY) and Enactus have launched the 2025 iTwin4Good Challenge, an international student competition addressing global infrastructure workforce shortages. The initiative comes as 49% of engineering firms face one-year project backlogs and the construction industry needs over 400,000 workers.

The six-week program offers technical training, mentorship, and iTwin Developer Associate certification opportunities. Students from the U.S., Germany, Canada, UK, Ireland, and Brazil will compete from June to October 2025, developing digital twin solutions for infrastructure challenges. National winners will advance to a virtual "Champions of Champions" showdown, with the global winner attending the Enactus World Cup 2025 in Bangkok.

Bentley Systems (Nasdaq: BSY) has secured multiple awards at Environment Analyst's 2025 Sustainability Delivery Awards in Chicago. The company won the Digital Innovation Award for its Carbon Analysis capabilities in iTwin Experience, which helps engineers streamline carbon reporting and optimize designs. BSY also won Water Project of the Year alongside SABESP for the Integra 4.0 Cultural Transformation Through Digitalization project in Brazil. Additionally, Bentley and Exo received a Highly Commended recognition in the Energy Project of the Year category for the Evergy Power Transmission Structure Stabilization project. The awards highlight Bentley's leadership in sustainable infrastructure development through digital engineering solutions, particularly in carbon reduction, water infrastructure modernization, and energy grid resilience.

Bentley Systems (Nasdaq: BSY), an infrastructure engineering software company, has announced a quarterly dividend payment. The company's Board of Directors has declared a dividend of $0.07 per share for Q2 2025, which will be distributed to both Class A and Class B common stockholders. The dividend will be paid on June 12, 2025, to shareholders of record as of the close of business on June 3, 2025.

Bentley Systems (NASDAQ: BSY) has announced new asset analytics capabilities integrating Google Maps Platform's Imagery Insights for enhanced roadway inspections. The company's Blyncsy product will now leverage Google Street View imagery and Vertex AI to detect and analyze roadway conditions more efficiently.

This development stems from a strategic partnership formed in October 2024 between Bentley and Google, combining Google's geospatial content with Bentley's infrastructure engineering software. The integration will help transportation departments and engineering firms identify infrastructure concerns and track asset conditions over time, while also supporting faster disaster recovery efforts.

The enhanced Blyncsy capabilities, part of Bentley Asset Analytics portfolio, will be generally available in 2025.

Bentley Systems (BSY) reported strong Q1 2025 financial results with total revenues of $370.5 million, up 9.7% year-over-year. Subscription revenues increased 11.5% to $342.3 million, while Annualized Recurring Revenues (ARR) grew 12% to $1,319.3 million. The company achieved a net income per diluted share of $0.28, up from $0.22, and improved operating income margin to 31.1%. Free cash flow reached $216.4 million, showing solid financial performance. Management expressed confidence in their business resilience despite global uncertainties, citing strong infrastructure investment demand across markets and improved operational efficiency since becoming public. The company maintains its financial outlook for the year, supported by continued infrastructure funding priorities and growing industry backlogs.

Bentley Systems (Nasdaq: BSY) announced that its geotechnical software OpenGround has achieved FedRAMP In Process status and is now listed on the FedRAMP Marketplace under Bentley for Government. This certification ensures the software meets rigorous federal standards for cyber security and threat mitigation.

The U.S. Army Corps of Engineers (USACE), the largest federal user of ProjectWise, is serving as the federal sponsor. ProjectWise, part of Bentley Infrastructure Cloud, will follow OpenGround in the FedRAMP process. Both solutions are categorized under FedRAMP's moderate impact level for controlled, unclassified federal information systems.

Additionally, Bentley is pursuing Defense Information Systems Agency (DISA) security authorization for both OpenGround and ProjectWise to streamline procurement processes for Department of Defense engineers and contractors.

Bentley Systems (Nasdaq: BSY), the infrastructure engineering software company, has scheduled its first quarter 2025 earnings release for Wednesday, May 7, 2025, before market opening. The company's senior management will host a webcast at 8:15 a.m. ET to discuss the quarterly results.

Investors and interested parties can access the earnings press release and webcast link through Bentley's investor relations website at investors.bentley.com. A replay of the webcast and transcript will be made available on the same day through the company's investor portal.

Seequent, a Bentley Systems company, has unveiled Seequent Evo, a revolutionary cloud-based platform for geoscience collaboration and data management. The platform integrates data from both Seequent and third-party applications into a unified source, enabling seamless sharing and improved decision-making.

Two new applications have been launched alongside Evo: BlockSync, which manages and analyzes block model data in real-time, and Driver, a cloud-based tool utilizing machine learning for geological structure analysis. The platform features open APIs and will support AI functionality and custom integrations.

The launch addresses critical challenges in the mining industry, particularly the increasing demand for critical minerals and the shortage of geologists. Seequent's software is currently used by eight of the world's top 10 mining companies. The platform will be showcased at the PDAC Convention in Toronto from March 2-5, 2025.