BSY Stock Recent News

Bentley Systems, Incorporated (NASDAQ:BSY ) Q3 2023 Results Conference Call November 7, 2023 8:15 AM ET Company Participants Eric Boyer - Investor Relations Greg Bentley - Chief Executive Officer Nicholas Cumins - Chief Operating Officer Werner Andre - Chief Financial Officer Conference Call Participants Matthew Hedberg - RBC Joe Vruwink - Robert Baird Kristen Owen - Oppenheimer Jason Celino - KeyBanc Michael Funk - Bank of America Matthew Broome - Mizuho Joshua Tilton - Wolfe Research Warren Meyers - Griffin Securities Blair Abernethy - Rosenblatt Securities Clarke Jeffries - Piper Sandler Eric Boyer Good morning and thank you for joining Bentley Systems' Q3 2023 Operating Results. I'm Eric Boyer, Bentley's Investor Relations Officer.

Bentley Systems, Incorporated, provides software applications for infrastructure and building design analysis. The global market for infrastructure software is expected to reach $282 billion by 2030. The U.S. engineering industry is in strong demand, with increasing project backlogs and growing government spending over time.

Bentley Systems, Incorporated (BSY) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

The heavy selling pressure might have exhausted for Bentley Systems, Incorporated (BSY) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Bentley Systems, Incorporated (BSY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Bentley Systems, Incorporated (NASDAQ:BSY ) Q2 2023 Earnings Conference Call August 8, 2023 8:15 AM ET Company Participants Sandra-Ann Morency - Investor Communications Manager Greg Bentley - CEO Werner Andre - CFO Nicholas Cumins - COO Conference Call Participants Matthew Broome - Mizuho Group Joe Verwing - Robert W Baird Matt Hedberg - RBC Devin Au - KeyBanc Joshua Tilton - Wolfe Andrew DeGasperi - Berenberg Capital Markets Jay Vleeschhouwer - Griffin Securities Kristen Owen - Oppenheimer Michael Funk - Bank of America Matt Martino - Goldman Sachs Blair Abernethy - Rosenblatt Securities Clarke Jeffries - Piper Sandler Sandra-Ann Morency Good morning and thank you for joining Bentley Systems' Q2 2023 Operating Results. I'm Sandra-Ann Morency, Bentley's Investor Communications Manager.

The headline numbers for Bentley Systems, Incorporated (BSY) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Bentley Systems, Incorporated (BSY) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.22 per share a year ago.

Here is how Bentley Systems, Incorporated (BSY) and Salesforce.com (CRM) have performed compared to their sector so far this year.

EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that members of its management team will participate at the following investor conferences: Greg Bentley, Bentley Systems' chief executive officer, will present at the Baird Global Consumer, Technology & Services Conference in New York, U.S.A. on Tuesday, June 6, 2023 from 2:00 p.m. to 2:30 p.m. (EDT). Greg Bentley, Bentley Systems' chief executive offic.