Welcome to our dedicated page for Bentley Systems news (Ticker: BSY), a resource for investors and traders seeking the latest updates and insights on Bentley Systems stock.
Bentley Systems, Incorporated (BSY) provides essential software solutions for infrastructure professionals worldwide. This dedicated news hub offers investors and industry stakeholders centralized access to official company updates and press releases.
Find timely information on earnings announcements, product innovations, and strategic partnerships shaping the infrastructure engineering sector. Our curated collection ensures you stay informed about BSY's advancements in digital modeling, asset management, and collaborative project delivery systems.
Bookmark this page for direct access to Bentley Systems' regulatory filings, executive insights, and technology milestones. Regular updates provide clarity on how the company addresses evolving challenges in public works, utilities, and construction ecosystems.
Bentley Systems, Incorporated reported positive financial results for the first quarter of 2024, with total revenues of $337.8 million, a 7.4% increase year-over-year. Subscriptions revenues were up by 10.5%, reaching $307.1 million. The company's Annualized Recurring Revenues (ARR) grew by 11% to $1,186.5 million. Operating income margin improved to 27.2%, and adjusted operating income margin increased to 33.3%. Net income per diluted share rose to $0.22, while adjusted net income per diluted share was $0.31. Cash flows from operations also saw a significant increase to $205.0 million.
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