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Bentley Systems Posts Higher Q1 Adjusted Earnings, Revenue

05/11/2021 04:07

07:55 AM EDT, 05/11/2021 (MT Newswires) -- Bentley Systems (BSY) reported Q1 adjusted earnings Tuesday of $0.20 per share, up from $0.15 per share a year earlier. Analysts polled by Capital IQ projected adjusted EPS of $0.16.

Revenue was $222 million for the quarter ended March 31, up from $194.7 million a year ago. The Street forecast was $215.1 million. Subscription revenue was $188.1 million for the quarter, up 10.5% year-over-year.

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