Each week, Valens focuses on several companies that were analyzed in the prior week, where material distortions caused by as-reported GAAP accounting need to be corrected to understand a company’s economic fundamentals.
Company Specific Highlights & Insights
Cadence Design Systems, Inc. (CDNS)
R&D Expense Distortion
Regeneron Pharmaceuticals, Inc. (REGN)
Stock Option Expense Distortion
Coach, Inc. (COH)
Operating Lease Distortion