{"schema_version":"secwatch.filing_event.v1","accession":"0001031308-24-000003","form_type":"8-K","ticker":"BSY","cik":"0001031308","company_name":"BENTLEY SYSTEMS INC","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.945678+00:00","generated_at":"2026-06-02T15:28:53.608713+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Bentley Systems Q1 revenue $337.8M, up 7.4% YoY; CEO transition to Cumins on July 1","bullets":["Total revenues $337.8M (+7.4% YoY); subscription rev $307.1M (+10.5%); ARR $1,186.5M (+11% constant currency).","GAAP EPS $0.22 vs $0.14; adjusted EPS $0.31 vs $0.25; operating cash flow $205.0M vs $176.2M.","CEO Greg Bentley becomes Executive Chair; COO Nicholas Cumins to succeed as CEO on July 1, 2024.","Full-year 2024 outlook reaffirmed; profitability and cash flow ahead of expected pace."],"urls":{"canonical":"https://secwatch.observer/filing/0001031308-24-000003","json":"https://secwatch.observer/filing/0001031308-24-000003.json","markdown":"https://secwatch.observer/filing/0001031308-24-000003.md","text":"https://secwatch.observer/filing/0001031308-24-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1031308/000103130824000003/0001031308-24-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1031308/000103130824000003/bsy-20240507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T15:28:53.608713+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c72c2881a76a833473c5ccc06f91555a01fbe74b","claim":"BENTLEY SYSTEMS INC reported first quarter ended March 31, 2024 results: revenue $337.8 million, EPS $0.22.","evidence_excerpt":"BSY), the infrastructure engineering software company, today announced results for its first quarter ended March 31, 2024. First Quarter 2024 Results • Total revenues were $337.8 million, up 7.4% or 7.2% on a constant currency basis, year-over-year; • Subscriptions revenues were $307.1 million, up 10.5% or 10.3% on a constant currency basis, year-over-year; •","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1031308/000103130824000003/0001031308-24-000003-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$337.8 million"},{"label":"EPS","value":"$0.22"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}