Bentley Systems Inc is a leading provider of software solutions for advancing the design, construction, and operations of infrastructure projects. The company specializes in digital modeling and engineering tools that enable professionals in architecture, engineering, construction, and operations to create more efficient and sustainable infrastructure. Bentley’s offerings support various sectors, including transportation, water management, and industrial facilities, allowing organizations to improve project outcomes through enhanced collaboration, visualization, and data management throughout the project lifecycle. With a commitment to innovation, Bentley Systems plays a crucial role in shaping the future of infrastructure development globally.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how vertical software stocks fared in Q3, starting with Bentley (NASDAQ:BSY).
Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that its Board of Directors declared a $0.06 per share dividend for the fourth quarter of 2024. The cash dividend is payable on December 12, 2024, to all stockholders of record of Class A and Class B common stock as of the close of business December 3, 2024.
Seequent, The Bentley Subsurface Company, today announced a strategic partnership with the International Geothermal Association (IGA) to boost geothermal energy’s role as a sustainable and reliable renewable energy source.
Infrastructure design software provider Bentley Systems (NASDAQ:BSY) missed Wall Street’s revenue expectations in Q3 CY2024, but sales rose 9.3% year on year to $335.2 million. Its non-GAAP profit of $0.24 per share was also 1.9% below analysts’ consensus estimates.
Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced results for the quarter ended September 30, 2024.
Blyncsy, a Bentley Systems, Incorporated (Nasdaq: BSY) company, today announced that it has achieved the Google Cloud Ready - Sustainability designation in the Google Cloud Partner Advantage Program. By earning the Sustainability designation, Blyncsy has proven its success in building and producing solutions and tools on Google Cloud to help customers achieve their sustainability and Environmental, Social, Governance (ESG) goals.
2024 AASHTO Annual Meeting & Expo--Blyncsy, a Bentley Systems Inc. (Nasdaq: BSY) company, today announced it published a comprehensive public map of all interstate highways in the continental United States showing key roadway assets such as guardrails, speed limit signs, and work zones to support roadway safety and maintenance conditions. This data is now available to all state U.S. Department of Transportation (DOT) agencies, enabling them to better address safety, maintenance, and repair operations of deteriorating and at-risk roads more efficiently and cost-effectively, especially during times of natural disasters.
Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, will release its third quarter 2024 results before the market opens on Thursday, November 7, 2024. Senior management will host a webcast to discuss the company’s results at 8:15 a.m. ET. The results press release and link to the webcast will be available prior to the start of the webcast on the company’s investor relations website at https://investors.bentley.com
Bentley Systems’ Year in Infrastructure 2024 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the winners of the 2024 Going Digital Awards. The annual awards honor the extraordinary work of infrastructure professionals and their innovative use of Bentley software to improve the way infrastructure is designed, built, and operated.
Bentley Systems’ Year in Infrastructure 2024–Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the general availability of new Carbon Analysis capabilities in iTwin Experience to assess and reduce carbon impacts for more sustainable infrastructure. The new Carbon Analysis capabilities enable infrastructure engineers to simplify carbon reporting, easily visualize embodied carbon, and rapidly explore alternatives for better designs.
Bentley Systems’ Year in Infrastructure 2024 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced new generative AI capabilities for civil site design, including a design copilot, site layout optimizations, and automated drawing production that will drive new levels of productivity and accuracy.
Bentley Systems’ Year in Infrastructure 2024 — Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, unveiled its vision for open data ecosystems to advance infrastructure engineering at its annual Year in Infrastructure conference. During the event, Bentley executives were joined by representatives from global engineering and construction firms and infrastructure owner-operators to discuss how infrastructure professionals can improve project delivery and asset performance.
Bentley Systems’ Year in Infrastructure 2024—Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced a strategic partnership with Google to integrate Google’s high-quality geospatial content with Bentley’s infrastructure engineering software and digital twin platform to improve the way infrastructure is designed, built, and operated.
Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced it has acquired 3D geospatial company Cesium. Cesium is recognized as the foundational open platform for creating powerful 3D geospatial applications, and its 3D Tiles open standard has been widely adopted by leading enterprises, governments, and tens of thousands of application developers globally. Cesium ion, the company’s SaaS platform, brings 3D geospatial experiences to more than 1 million active devices every month, while Cesium's open-source offerings have more than 10 million downloads.
Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that its Board of Directors declared a $0.06 per share dividend for the third quarter of 2024. The cash dividend is payable on September 26, 2024, to all stockholders of record of Class A and Class B common stock as of the close of business September 17, 2024.
Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the finalists of the 2024 Going Digital Awards. The annual awards event honors the extraordinary work of Bentley’s global users, showcasing how innovative software enables the advancement of the world’s infrastructure for better quality of life. This year, 36 finalists, across 12 categories, were selected from over 250 nominations submitted by organizations in 36 countries.
Jim Cramer recommends buying Merck (MRK) due to faith in CEO Robert Davis. He advises against Teladoc (TDOC) due to Cathie Wood's selling. He remains committed to Palo Alto Networks (PANW). He suggests traditional stock Wells Fargo (WFC) over Enova (ENVA). He declines playing Bentley Systems (BSY) due to high risk in enterprise software. GE Healthcare (GEHC) reports decent quarter.
