Question · Q3 2024
Kay Hoh followed up with a request for more specific details on the assumptions for the Congo project that are embedded in the fourth-quarter guidance.
Answer
CFO Quinn Fanning clarified that achieving the high end of the Q4 guidance range assumes a favorable resolution of variation orders and some margin recovery on the Congo project. He contrasted the company's internal outlook with the more negative view implied by the recent stock price correction.
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