Bentley Systems Inc. (BSY) Tops Q4 EPS by 6c
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Bentley Systems Announces 21Q4 and 2021 Operating Results, and its 2022 Financial Outlook
March 1, 2022 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, 2021, and its financial outlook for 2022.
Fourth Quarter 2021 Financial Results:
Total revenues were $267.7 million, up 21.9% year-over-year; Subscriptions revenues were $223.1 million, up 25.2% year-over-year; Last twelve-month recurring revenues were $834.2 million, up 19.7% year-over-year; Last twelve-month recurring revenues dollar-based net retention rate was 109%, compared to 107% for the same period last year; Last... More