10-Q quarterly report · filed Jul 31, 2019

Kbr Inc (KBR) Q2 2019 10-Q Quarterly Report

Short answer

Kbr Inc (KBR) filed its Q2 2019 10-Q quarterly report on Jul 31, 2019 for the quarter ended Jun 30, 2019.

Kbr Inc Q2 2019 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $1,422M, up from $1,267M YoY, driven by Government Solutions and Technology Solutions growth
  • Government Solutions strongest: revenue $1,033M, up 19% YoY; Energy Solutions weakest, revenue $296M, down 9%
  • Government Solutions gross profit $112M vs $85M; Energy Solutions gross profit $22M vs $49M, down 55%
  • Cash $611M vs $739M at December 31, 2018; six-month operating cash flow $81M vs $(36)M
  • JKC investment contributions $126M; outlook supported by favorable government-services demand, with Ichthys funding and legal proceedings remaining headwinds

Risk Factors

  • No material changes to risk factors disclosed, with risks carried forward from the 2018 Form 10-K
  • Forward-looking statements risk: actual results may differ materially from projections due to substantial uncertainties
  • Regulatory compliance risk: U.S. government contracts subject to CAS, FAR, and DCAA oversight
  • Litigation risk: potential exposure to FCA claims and disputes before ASBCA or COFC
  • Financial risk: LIBOR exposure identified as a potential factor affecting future results

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

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