KBR
reported
overall
net
income
of
$91
million
in
the
three
months
ending
in
March,
down
from
$105
million
recorded
in
the
year-ago
period.
Revenue
also
fell
to
$2.0
billion
from
$2.32
billion
over
the
same
timeframe.
Shares
closed
up
3.47%
in
New
York.
“In
several
of
our
end
markets,
project
opportunities
are
beginning
to
accelerate
which
should
drive
stronger
operating
results
through
the
balance
of
the
year
and
into
the
future,”
chief
executive
Bill
Utt
said
in
a
statement.
Income
from
oil-related
business
grew
9%
to
$136
million
as
revenue
expanded
7%
to
$1.1
billion
during
the
period.
Its
oil-projects
backlog…
