Bentley Systems Announces First Quarter 2021 Operating Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/16/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- SanDisk upgraded at JPMorgan after investor day; shares climb
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Bentley Systems Inc. (BSY) Tops Q1 EPS by 4c, Revenues Beat
May 11, 2021 7:31 AM EDTBentley Systems Inc. (NASDAQ: BSY) reported Q1 EPS of $0.20, $0.04 better than the analyst estimate of $0.16. Revenue for the quarter came in at $222 million versus the consensus estimate of $215.13 million.
First Quarter 2021 Financial Results:
Total revenues were $222.0 million, up 14.0% year-over-year;Subscriptions revenues were $188.1 million, up 10.5% year-over-year;Last twelve-month recurring revenues were $716.9 million, up 10.7% year-over-year;Last twelve-month recurring revenues dollar-based net retention rate was 107% (calculated under Topic 606), compared to 109% (calculated under Topic 605) for the same period last year;Last twelve-month account retention rate was 98% (calculated under Topic 606), compared to 98%... More