Bentley Systems Inc. (BSY) Reports In-Line Q3 EPS
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Bentley Systems Announces Operating Results for the Third Quarter of 2021
November 9, 2021 7:02 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 third quarter and nine months ended September 30, 2021.
Third Quarter 2021 Financial Results:
GAAP total revenues were $248.5 million, and adjusted total revenues were $251.4 million, up 23.7% year-over-year; GAAP subscriptions revenues were $212.2 million, and adjusted subscriptions revenues were $215.1 million, up 24.0% year-over-year; Last twelve-month recurring revenues were $786.1 million, up 15.1% year-over-year; Last twelve-month recurring revenues dollar-based net retention rate was 106%... More