UAFRS vs As-Reported Weekly Highlights for August 9, 2017
August 13, 2017
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
Oracle Corporation (ORCL)
Excess Cash Distortion
Alexion Pharmaceuticals, Inc. (ALXN)
Stock Option Expense Distortion
The Gap, Inc. (GPS)
Operating Lease Distortion
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