Bentley Systems Inc. (BSY) Tops Q1 EPS by 3c

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Bentley Systems Announces Operating Results for the First Quarter of 2022

May 10, 2022 7:00 AM EDT

EXTON, Pa.--(BUSINESS WIRE)-- Bentley Systems, Incorporated (Nasdaq: BSY) (Bentley Systems or the Company), the infrastructure engineering software company, today announced operating results for its first quarter ended March 31, 2022.

First Quarter 2022 Financial Results

Total revenues were $275.5 million, up 24.1% or 27.7% on a constant currency basis, year-over-year; Subscriptions revenues were $241.2 million, up 28.2% or 32.0% on a constant currency basis, year-over-year; Last twelve-month recurring revenues were $885.9 million, up 23.6% year-over-year; Last twelve-month recurring revenues... More