Bentley Systems Inc Ordinary Shares - Class B
BSY: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
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Bentley Systems Earnings: Positive Revenue Growth Momentum Enables Margin Leverage
Bentley Systems recorded broad-based strength across resources, public works, and utilities in the third quarter. Year-over-year annual recurring revenue growth accelerated to 13%. The net retention rate was also up 100 basis points to 110%. Shares were up 3% during trading on Nov. 5.
