Bentley Systems, Incorporated Reports Earnings Results for the First Quarter Ended March 31, 2022
May 10, 2022 at 07:00 am EDT
Share
Bentley Systems, Incorporated reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported revenue was USD 275.52 million compared to USD 222.01 million a year ago. Net income was USD 56.38 million compared to USD 57.01 million a year ago. Basic earnings per share from continuing operations was USD 0.18 compared to USD 0.19 a year ago. Diluted earnings per share from continuing operations was USD 0.18 compared to USD 0.18 a year ago.
Bentley Systems, Incorporated is an infrastructure engineering software company. The Company offers solutions for enterprises and professionals across the infrastructure lifecycle. Its software enables digital workflows across engineering disciplines, across distributed project teams, and from offices to the field. Its offerings are powered by the iTwin Platform for infrastructure digital twins, include MicroStation and Bentley Open applications for modeling and simulation, Seequentâs software for geoprofessionals, and Bentley Infrastructure Cloud encompassing ProjectWise for project delivery, SYNCHRO for construction management, and AssetWise for asset operations. Its engineering and geoprofessional applications are primarily cloud-connected desktop modeling and simulation applications. Its software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, and water and wastewater, others.