Bentley Systems Announces Fourth Quarter and Full Year 2023 Results and 2024 Financial Outlook

Adjusted EBITDA is defined as cash flow from operations adjusted for the following: cash interest, cash taxes, cash deferred compensation plan distributions, cash acquisition expenses, changes in operating assets and liabilities, and other cash items (such as those related to our interest rate swap). From time to time, we may exclude from Adjusted EBITDA the impact of certain cash receipts or payments that affect period-to-period comparability.



Contact:

BSY Investor Contact:
Eric Boyer
Investor Relations Officer
ir@bentley.com



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