Revenues up 8.2% and CEO Greg Bentley says the company is at a new setpoint for the future. The company performance was just about right on the nose as far as the company’s expectations and those of their investors; but, it’s easy to get the impression that as 2020 was unfolding over Bentley execs were a touch nervous. Greg Bentley says that 2020 was not a normal year. The … [Read more...] about Bentley Systems registers drop in EPC during pandemic
Greg Bentley
Bentley Systems issues financial results for 3Q 2020
Sets up for growth. Indisputably, 2020 was a big year for Bentley Systems and the third quarter a major milestone, as the company provided its financial results as a public company. The company is a big data company through and through, even before it knew it was a big data company. Visualizing and understanding trends and technology flows through the company’s DNA. It’s great … [Read more...] about Bentley Systems issues financial results for 3Q 2020
Bentley Systems launches its IPO…finally
The company records a strong debut; the shares rose 52% on their first day of trading. After flirting with the idea of going public for years, Bentley finally has gone public. The company announced the pricing of the initial public offering of 10.75 million shares of its Class B common stock at a price of $22 per share to the public on September 22, 2020. Bentley … [Read more...] about Bentley Systems launches its IPO…finally
Bentley Systems takes first steps to IPO … again
Timing is everything: Bentley Systems signals plans for an IPO at a time of market optimism and company success. Bentley Systems has confidentially submitted a draft registration statement with the Securities and Exchange Commission (SEC) to conduct an initial public offering of its Class B common stock. In other words the company is just starting the process of going for an … [Read more...] about Bentley Systems takes first steps to IPO … again
Bentley Systems reports revenue, income, and plans
Bentley Systems reports an 8% increase in revenue to $593 million in 2013; increases family and employee ownership to 98%. Bentley Systems, a private company, announced its 2013 annual results in a call to press and analysts on April 16. The company has made a practice of annual reporting even though it is private and not required to do so. As such, of course, it can report … [Read more...] about Bentley Systems reports revenue, income, and plans