Bentley Systems Inc. (BSY) Tops Q4 EPS by 2c, Offers FY Guidance
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Bentley Systems Announces Fourth Quarter and Full Year 2020 Results, and its 2021 Financial Outlook
March 2, 2021 7:00 AM ESTEXTON, Pa.--(BUSINESS WIRE)-- Bentley Systems, Incorporated (Nasdaq: BSY) (Bentley Systems or the Company), the infrastructure engineering software company, today announced operating results for its fourth quarter and full year ended December 31, 2020, and 2021 financial outlook.
Fourth Quarter 2020 Financial Results:
Total revenues were $219.6 million, up 8.2% year-over-year; Subscriptions revenues were $178.3 million, up 9.4% year-over-year; Last twelve-month recurring revenues were $696.7 million, up 10.4% year-over-year; Last twelve-month recurring revenues dollar-based net retention rate calculated under Topic 605 was 108%, the same as for the same period last year; Last... More