Infrastructure engineering software company Bentley Systems, Inc. (BSY) reported Tuesday net income for the fourth quarter of $179.59 million or $0.54 per share, sharply higher than $25.72 million or $0.08 per share in the prior-year quarter.
Excluding items, adjusted earnings for the quarter were $0.20 per share, compared to $0.19 per share in the year-ago quarter.
Total revenues for the quarter increased 8.3 percent to $310.64 million from 286.95 million in the same quarter last year. Revenues were up 7.3 percent on a constant currency basis.
On average, ten analysts polled by Thomson Reuters expected the company to report earnings of $0.18 per share on revenue of $313.18 million for the quarter. Analysts' estimates typically exclude special items.
Looking ahead to fiscal 2024, the company now projects total revenues between $1.350 billion and $1.375 billion, with constant currency revenue growth of 10 to 12 percent. The Street is looking for revenues of $1.37 billion for the year.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.