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Stock impact report

Q3 Earnings Highs And Lows: Bentley (NASDAQ:BSY) Vs The Rest Of The Vertical Software Stocks [Yahoo! Finance]

Bentley Systems, Incorporated - Class B (BSY) 
Company Research Source: Yahoo! Finance
Software is eating the world, and while a large number of solutions such as project management or video conferencing software can be useful to a wide array of industries, some have very specific needs. As a result, vertical software, which addresses industry-specific workflows, is growing and fueled by the pressures to improve productivity, whether it be for a life sciences, education, or banking company. The 4 vertical software stocks we track reported a strong Q3. As a group, revenues beat analysts' consensus estimates by 1.8% while next quarter's revenue guidance was 2% above. In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results. Founded by brothers Keith and Barry Bentley, Bentley Systems (NASDAQ:BSY) offers a software-as-a-service platform that addresses the lifecycle of infrastructure projects such as road networks, tunnel systems, and wastewater facilities. Bentley reported re Show less Read more
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