KBR reports Q3 2023 with 9% organic revenue growth, retires convertible notes

KBR, INC.

2023-Q3 EPS reported -$2.10 revenue$5,226,000,000

Reported 9% organic revenue growth and strong margins in Q3 2023.
Retired remaining convertible debt principal on November 1, 2023, reducing financial uncertainty.
Awarded $3.5B in bookings and options in Q3; total backlog and options $21.8B.
Sustainable Technology Solutions achieved 1.3x TTM book-to-bill; multiple contracts awarded including blue hydrogen and green ammonia projects.
CEO Stuart Bradie cited team dedication and high-end services as key drivers.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.8

KBR, INC. reported Third quarter 2023 results: revenue 9% organic revenue growth.

Period: Third quarter 2023
Revenue: 9% organic revenue growth
Result: reported results

Exact text from the filing

people of KBR have demonstrated their dedication and talent, contributing to another strong performance this quarter," said Stuart Bradie, KBR president and CEO. "We delivered 9% organic revenue growth and strong margins, operational outcomes that speak volumes about our team's ability to deliver results. Our high-end services continue to make valuable

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Source: SEC EDGAR

accession 0001357615-23-000128

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