10-Q quarterly report · filed Oct 31, 2017

Kbr Inc (KBR) Q3 2017 10-Q Quarterly Report

Short answer

Kbr Inc (KBR) filed its Q3 2017 10-Q quarterly report on Oct 31, 2017 for the quarter ended Sep 30, 2017.

Kbr Inc Q3 2017 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue $1,034M, down 4% from $1,073M YoY
  • Net income attributable to KBR $45M, versus quarterly profitability figures not disclosed
  • Best segment Government Services: revenue $582M, up 45% YoY; gross profit $39M, up 22%
  • Worst segment Engineering & Construction: revenue $370M, down 38% YoY despite gross profit $25M vs $1M
  • Cash $511M vs $536M at year-end; operating cash flow $238M, $180M debt repayment, $52M share repurchases, $34M dividends

Risk Factors

  • U.S. government revenue concentration: 44% of consolidated revenue for nine months ended September 30, 2017
  • U.K. pension funding risk: $520 million aggregate defined-benefit deficit, with triennial valuation beginning April 2018
  • Regulatory compliance exposure: IT deficiencies could trigger scrutiny under U.S. government FAR and CAS contracts
  • Cybersecurity and IT disruption risk: breaches or system failures could disrupt invoicing, payroll, payments, and reporting
  • Customer concentration risk: significant project cancellations or delays could materially reduce revenue and operating results

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

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