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Sep 30, 2023
Bentley Systems Q3 2023 Earnings Report
Bentley Systems' Q3 2023 financial results were announced, demonstrating strong performance and growth.
Key Takeaways
Bentley Systems reported a 14.3% increase in total revenues, reaching $306.6 million. ARR grew by 12.5% to $1,124.8 million. The company's adjusted EPS was $0.22, compared to $0.19 in the same period last year, and operating cash flow increased to $72.8 million.
Total revenues increased by 14.3% year-over-year, reaching $306.6 million.
ARR reached $1,124.8 million, representing a 12.5% constant currency growth rate.
Adjusted EPS increased to $0.22, compared to $0.19 for the same period last year.
Operating income margin was 24.0%, compared to 20.7% for the same period last year.
Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the press release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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