Bentley Systems Announces Third Quarter 2024 Results
Bentley Systems, Incorporated - Class B (BSY)
Company Research
Source: Business Wire
EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced results for the quarter ended September 30, 2024.Third Quarter 2024 ResultsTotal revenues were $335.2 million, up 9.3% or 9.1% on a constant currency basis, year-over-year;Subscriptions revenues were $303.2 million, up 12.0% or 11.8% on a constant currency basis, year-over-year;Annualized Recurring Revenues (“ARR”) was $1,270.7 million as of September 30, 2024, compared to $1,124.8 million as of September 30, 2023, representing a constant currency ARR growth rate of 12%;Last twelve-month recurring revenues dollar-based net retention rate was 109%, compared to 110% for the same period last year;Operating income margin was 20.5%, compared to 24.0% for the same period last year;Adjusted operating income inclusive of stock-based compensation expense (“Adjusted OI w/SBC”) margin was 26.7%, compared to 28.2% for the same period last year;Net income p
Show less
Read more
Impact Snapshot
Event Time:
BSY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BSY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BSY alerts
High impacting Bentley Systems, Incorporated - Class B news events
Weekly update
A roundup of the hottest topics
BSY
News
- Seequent and the International Geothermal Association Partner to Unlock Geothermal Energy's Potential for a Sustainable Future [Yahoo! Finance]Yahoo! Finance
- Seequent and the International Geothermal Association Partner to Unlock Geothermal Energy's Potential for a Sustainable FutureBusiness Wire
- At UN climate talks, "sewage" beer from Singapore highlights water scarcity and innovations [Yahoo! Finance]Yahoo! Finance
- Analyst Bullish on Bentley Systems (BSY) Following Donald Trump's Victory [Yahoo! Finance]Yahoo! Finance
- PMWeb Announces Strategic Growth Investment from Bregal Sagemount & Senior Leadership Changes [Yahoo! Finance]Yahoo! Finance
BSY
Earnings
- 11/7/24 - Beat
BSY
Sec Filings
- 11/13/24 - Form 4
- 11/13/24 - Form SC
- 11/12/24 - Form SC
- BSY's page on the SEC website