10-Q quarterly report · filed Oct 31, 2019

Kbr Inc (KBR) Q3 2019 10-Q Quarterly Report

Short answer

Kbr Inc (KBR) filed its Q3 2019 10-Q quarterly report on Oct 31, 2019 for the quarter ended Sep 30, 2019.

Kbr Inc Q3 2019 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue $1,425M vs $1,278M, driven by growth across all business segments
  • Energy Solutions strongest revenue growth: $351M, up 31% YoY; gross profit $22M vs $27M
  • Government Solutions gross profit $110M vs $98M, up 12%; Technology Solutions gross profit $30M vs $29M
  • Cash $681M vs $739M at December 31, 2018; nine-month operating cash flow $199M
  • Near-term risks: government bidding delays and protests, hydrocarbons volatility, Ichthys disputes and $141M of JKC contributions

Risk Factors

  • No material risk-factor changes disclosed, with 2018 Form 10-K risks incorporated by reference
  • Forward-looking statements risk: actual results may differ materially from projections
  • Government-contracting risk: compliance with Federal Acquisition Regulation and Cost Accounting Standards requirements
  • Operational risk: exposure to complex international projects, including Ichthys LNG
  • Financial risk: accumulated other comprehensive loss and foreign-currency exposure disclosed as ongoing considerations

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

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