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AI brief of an SEC Form 8-K · Bentley Systems (BSY)

Bentley Systems Q2 revenue rises 11.3% to $330.3 million; diluted EPS $0.22 vs $0.15

Positive Impact 4 of 5 earnings Written later

Bentley Systems reported second-quarter 2024 results, with total revenue of $330.3 million, up 11.3% from a year earlier, and net income of $72.0 million, or $0.22 per diluted share, compared with $0.15 a year earlier. The company also said Greg Bentley moved from chief executive to executive chair and Nicholas Cumins became chief executive, effective July 1, 2024.

Key points

  • Q2 2024 total revenues $330.3 million, up 11.3% year over year; subscriptions revenues $297.4 million, up 14.7%
  • Net income per diluted share $0.22 vs $0.15; Adjusted EPS $0.31 vs $0.24
  • Annualized recurring revenues $1,215.9 million at June 30, 2024, up from $1,105.9 million; constant currency ARR growth 11%
  • Effective July 1, 2024, Nicholas Cumins became chief executive officer, succeeding Greg Bentley, who became executive chair

The filing

CompanyBentley Systems (BSY)
Form8-K, current report
Filed with the SECAug 6, 2024, 7:04 AM ET
Accession number0001031308-24-000008

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.