BSY

Marking its 40th Anniversary, Bentley Systems Announces CEO Transition Plan

Retrieved on: 
Thursday, March 21, 2024

Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that effective July 1, 2024, Greg Bentley will transition from Bentley Systems’ CEO to Executive Chair of its Board of Directors.

Key Points: 
  • Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that effective July 1, 2024, Greg Bentley will transition from Bentley Systems’ CEO to Executive Chair of its Board of Directors.
  • View the full release here: https://www.businesswire.com/news/home/20240321537157/en/
    Bentley Systems CEO Greg Bentley will become Executive Chair on July 1, 2024.
  • (Photo: Business Wire)
    The announcement was made during the opening event for Bentley Systems’ new UK headquarters in the City of London, beginning the observance of the company’s 40th anniversary.
  • Nicholas Cumins said, “This year marks the 40th anniversary of the founding of Bentley Systems, at its essence a company of engineers for engineers.

Bentley Systems Announces Fourth Quarter and Full Year 2023 Results and 2024 Financial Outlook

Retrieved on: 
Tuesday, February 27, 2024

Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced results for its fourth quarter and full year ended December 31, 2023, and its financial outlook for 2024.

Key Points: 
  • Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced results for its fourth quarter and full year ended December 31, 2023, and its financial outlook for 2024.
  • “Our financial outlook for 2024 reflects our confidence in sustaining consistent organic growth with comparable annual improvement in operating margin (including stock‑based compensation).
  • Our 2024 financial outlook is supported by continued favorable market conditions and the momentum of our growth initiatives.
  • Bentley Systems will host a live Zoom video webinar on February 27, 2024 at 8:15 a.m. EST to discuss results for its fourth quarter and full year ended December 31, 2023, and 2024 Financial Outlook.

Bentley Systems to Announce Fourth Quarter 2023 Results on February 27, 2024

Retrieved on: 
Thursday, February 1, 2024

Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, will release its fourth quarter and full year 2023 results before the market opens on Tuesday, February 27, 2024.

Key Points: 
  • Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, will release its fourth quarter and full year 2023 results before the market opens on Tuesday, February 27, 2024.
  • Senior management will host a webcast to discuss the company’s results at 8:15 a.m.
  • ET.
  • The results press release and link to the webcast will be available prior to the start of the webcast on the company’s investor relations website at https://investors.bentley.com

Bentley Systems, Incorporated Declares Fourth Quarter 2023 Dividend

Retrieved on: 
Friday, November 17, 2023

Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that its Board of Directors declared a $0.05 per share dividend for the fourth quarter of 2023.

Key Points: 
  • Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that its Board of Directors declared a $0.05 per share dividend for the fourth quarter of 2023.
  • The cash dividend is payable on December 14, 2023 to all stockholders of record of Class A and Class B common stock as of the close of business on December 4, 2023.

Bentley Systems Announces Operating Results for the Third Quarter of 2023

Retrieved on: 
Tuesday, November 7, 2023

Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced operating results for its third quarter and nine months ended September 30, 2023.

Key Points: 
  • Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced operating results for its third quarter and nine months ended September 30, 2023.
  • CEO Greg Bentley said, “Our operating results this quarter demonstrate the sustainability of our more broadly balanced growth contributors.
  • Alternatively, the event can be accessed from the Events & Presentations page on Bentley Systems’ Investor Relations website at https://investors.bentley.com .
  • Those rules require the supplemental explanations and reconciliations that are in Bentley Systems’ Form 8-K (Quarterly Earnings Release) furnished to the SEC.

bp Selects AssetWise Lifecycle Information Management and AssetWise Reliability as Standard for Information Management and Asset Integrity

Retrieved on: 
Thursday, November 2, 2023

Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that bp has selected Bentley’s AssetWise Asset Lifecycle Information Management (ALIM) and AssetWise Reliability (AR), part of Bentley Infrastructure Cloud, to manage engineering information for projects and operations to help assure global asset integrity management.

Key Points: 
  • Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that bp has selected Bentley’s AssetWise Asset Lifecycle Information Management (ALIM) and AssetWise Reliability (AR), part of Bentley Infrastructure Cloud, to manage engineering information for projects and operations to help assure global asset integrity management.
  • bp will now standardize AssetWise ALIM across all projects, production, and manufacturing assets.
  • AssetWise Reliability will enable bp to optimize inspections, minimize maintenance costs, increase availability, and work to improve safety and risk management.
  • bp initially implemented AssetWise Reliability on the Clair Asset in the North Sea, and a global deployment across eight regions is now underway.

Bentley Systems to Announce Third Quarter 2023 Operating Results

Retrieved on: 
Wednesday, October 18, 2023

Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, announced today the date for the release of its third quarter 2023 operating results.

Key Points: 
  • Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, announced today the date for the release of its third quarter 2023 operating results.
  • Bentley Systems will release third quarter 2023 operating results, before the market opens, on Tuesday, November 7, 2023.
  • A live Zoom video webinar of the event can be accessed at 8:15 a.m. EST that same day through a direct registration link .

Bentley Systems Announces Winners of the 2023 Going Digital Awards in Infrastructure

Retrieved on: 
Thursday, October 12, 2023

Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the winners of the 2023 Going Digital Awards in Infrastructure.

Key Points: 
  • Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced the winners of the 2023 Going Digital Awards in Infrastructure.
  • The annual awards program honors the extraordinary work of Bentley software users advancing infrastructure design, construction, and operations throughout the world.
  • View the full release here: https://www.businesswire.com/news/home/20231012599689/en/
    Finalists presented their projects at the 2023 Year in Infrastructure and Going Digital Awards event in Singapore before global press and 12 independent jury panels.
  • The winners of the 2023 Going Digital Awards in Infrastructure are:

Bentley Systems Announces Seequent’s Acquisition of Geothermal Simulation Leader Flow State Solutions

Retrieved on: 
Wednesday, October 11, 2023

Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that Seequent, The Bentley Subsurface Company, has signed an agreement to acquire Flow State Solutions, an industry leader in geothermal simulation software.

Key Points: 
  • Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that Seequent, The Bentley Subsurface Company, has signed an agreement to acquire Flow State Solutions, an industry leader in geothermal simulation software.
  • View the full release here: https://www.businesswire.com/news/home/20231011787324/en/
    An example of a geological model built in Leapfrog Energy being utilized for reservoir simulation in Flow State Solutions software Volsung.
  • Flow State Solutions’ geothermal reservoir, wellbore, and surface network simulation software helps project developers and operators better understand geothermal resources for asset development and optimization and improved well performance.
  • Detailed models of the subsurface built in Leapfrog Energy can be utilized in Flow State Solutions’ simulation environment to build a full picture of a geothermal asset.

Bentley Systems Recognizes the Year in Infrastructure 2023 as Groundbreaking for Infrastructure Intelligence

Retrieved on: 
Thursday, October 12, 2023

At its annual Year in Infrastructure conference, Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, described 2023 as a “groundbreaking year” for infrastructure intelligence.

Key Points: 
  • At its annual Year in Infrastructure conference, Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, described 2023 as a “groundbreaking year” for infrastructure intelligence.
  • Citing users’ projects, CEO Greg Bentley highlighted how infrastructure organizations are overcoming the engineering resource capacity gap through infrastructure intelligence strategies.
  • Following Greg Bentley’s keynote, Bentley Systems’ product and technology leaders explained how the company’s offerings increasingly help users derive greater infrastructure intelligence from their data.
  • “Bentley Infrastructure Cloud, including ProjectWise, leverages infrastructure digital twins to unlock data in order to apply AI and accelerate infrastructure intelligence,” said Mike Campbell, Chief Product Officer.