10-Q quarterly report · filed Aug 2, 2017

Kbr Inc (KBR) Q2 2017 10-Q Quarterly Report

Short answer

Kbr Inc (KBR) filed its Q2 2017 10-Q quarterly report on Aug 2, 2017 for the quarter ended Jun 30, 2017.

Kbr Inc Q2 2017 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue $1.094B vs $1.009B, up $85M, driven by Wyle and KTS acquisitions
  • Tax rate 21% vs 33% YoY, net income attributable to KBR $77M
  • Best segment Government Services: revenue $543M vs $229M, up 137%; worst Non-strategic Business: revenue $7M vs $61M
  • Cash $491M vs $536M at December 31; six-month operating cash flow $210M vs $(12M)
  • PEMEX proceeds $435M: $180M debt repayment, $50M share repurchases, $23M dividends
  • Outlook: government services growth opportunities, hydrocarbons headwinds from delayed or reduced capital expenditures and commodity-price volatility

Risk Factors

  • No material changes identified, with risks incorporated by reference to the 2016 Form 10-K
  • Forward-looking statements risk, actual results may differ materially from projections
  • Government-contracting risk, exposure to DoD, DOJ, DCAA and DCMA oversight
  • Compliance risk, potential liability under the False Claims Act and Federal Acquisition Regulation
  • International operating risk, exposure to foreign projects, governments and value-added taxes

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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