BENTLEY SYSTEMS INC (BSY) released earnings for its first quarter that increased from the same period last year and beat the Street estimates.
The company's bottom line totaled $70.31 million, or $0.22 per share. This compares with $45.49 million, or $0.14 per share, in last year's first quarter.
Excluding items, BENTLEY SYSTEMS INC reported adjusted earnings of $102.92 million or $0.31 per share for the period.
Analysts on average had expected the company to earn $0.26 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 7.4% to $337.76 million from $314.41 million last year.
BENTLEY SYSTEMS INC earnings at a glance (GAAP) :
-Earnings (Q1): $70.31 Mln. vs. $45.49 Mln. last year.-EPS (Q1): $0.22 vs. $0.14 last year.-Revenue (Q1): $337.76 Mln vs. $314.41 Mln last year.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.