May 7, 2013 / 8:21 PM / 4 years ago

URS profit declines as energy, construction work slows

May 7 (Reuters) - Engineering company URS Corp posted a drop in quarterly profit on Tuesday as energy and construction work weakened compared with last year, while its backlog of projects also declined.

URS reported a first-quarter net profit of $71.9 million, or 96 cents per diluted share, versus $79.7 million, or $1.07 per share, a year before. Revenue rose 19 percent to $2.8 billion, lifted by its acquisition of Flint Energy Services last year.

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