UAFRS vs As-Reported Weekly Highlights for July 12, 2017
July 12, 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
Red Hat, Inc. (RHT)
R&D Expense Distortion
L3 Technologies, Inc. (LLL)
Goodwill Distortion
Ctrip.com International, Ltd. (CTRP)
Excess Cash Distortion
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