The Internet Software and Services space is gathering momentum owing to robust IT spending on solutions that support hybrid operating environments. The level of technology adoption by businesses and the proliferation of connected consumer devices, which might help people connect and do business online, is also accelerating the industry's growth. Outstanding penetration of mobile devices among users makes sense for businesses to invest heavily in webbased infrastructure, applications and security software. W ...

Investors might want to bet on Bentley Systems, Incorporated (BSY) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and fol ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ Title of each class Trading Symbol Name of each exchange on which registered Class B Common Stock, $0.01 Par Value BSY The Nasdaq Stock Market LLC FORM 10-Q ___________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SEC ...

Bentley Systems, Incorporated (NASDAQ:BSY) Q2 2024 Results Conference Call August 6, 2024 8:15 AM ET Company Participants Eric Boyer - IR Greg Bentley - CEO Nicholas Cumins - COO Werner Andre - CFO Conference Call Participants Matthew Hedberg - RBC Capital Markets Joseph Vruwink - Robert W. Baird Jason Celino - KeyBanc Capital Markets Clarke Jeffries - Piper Sandler Kristen Owen - Oppenheimer & Co. Michael Funk - Bank of America Securities Dylan Becker - William Blair Matthew Martino - Goldman Sachs Sitikan ...

Bentley Systems, Incorporated (BSY) reported $330.34 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 11.3%. EPS of $0.31 for the same period compares to $0.24 a year ago. The reported revenue represents a surprise of +1.62% over the Zacks Consensus Estimate of $325.08 million. With the consensus EPS estimate being $0.24, the EPS surprise was +29.17%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expe ...

Bentley Systems, Incorporated (BSY) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 29.17%. A quarter ago, it was expected that this company would post earnings of $0.26 per share when it actually produced earnings of $0.31, delivering a surprise of 19.23%. Over the last four quarter ...

Exhibit 99.1 | --- | --- | --- | --- | --- | |-------|-------|-------|-------|--------------------------------| | | | | | Press Release | | | | | | BSY Investor Contact: | | | | | | Eric Boyer | | | | | | Investor Relations Officer | | | | | | ir@bentley.com | Bentley Systems Announces Second Quarter 2024 Results EXTON, Pa. – August 6, 2024 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced results for the quarter ended June 30, 2024. Second Quart ...

Wall Street analysts expect Bentley Systems, Incorporated (BSY) to post quarterly earnings of $0.24 per share in its upcoming report, which indicates no change from the year-ago quarter. Revenues are expected to be $325.08 million, up 9.6% from the year-ago quarter. Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. Ahead of a company's ...

PHILADELPHIA, June 12, 2024 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating Bentley Systems, Inc. (NASDAQ: BSY) ("Bentley") on behalf of the company's shareholders. Bentley shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 – 0750 or (888) 715 – 1740 for additional information about this investigation and their legal rights and options, or by clicking on the following link (or if necessary, copying and pasting the link into ...

A downtrend has been apparent in Bentley Systems, Incorporated (BSY) lately with too much selling pressure. The stock has declined 7.2% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround. Here is How to Spot Oversold Stocks We use Relative Strength Index (RSI), one of the most commonly used technical i ...