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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.
Bentley Systems
Bentley Systems
Bentley Systems Revenue by Segment
Revenue by Segment
Perpetual Licenses Revenue
CapyFin.comServices Revenue
CapyFin.com Forward Guidance
No specific forward guidance was provided in the press release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income