BENTLEY SYSTEMS INC (BSY) reported earnings for its first quarter that increased from the same period last year and beat the Street estimates.
The company's bottom line came in at $91.37 million, or $0.28 per share. This compares with $70.31 million, or $0.22 per share, last year.
Excluding items, BENTLEY SYSTEMS INC reported adjusted earnings of $114.58 million or $0.35 per share for the period.
Analysts on average had expected the company to earn $0.30 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 9.7% to $370.542 million from $337.763 million last year.
BENTLEY SYSTEMS INC earnings at a glance (GAAP) :
-Earnings: $91.37 Mln. vs. $70.31 Mln. last year.
-EPS: $0.28 vs. $0.22 last year.
-Revenue: $370.542 Mln vs. $337.763 Mln last year.
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