UAFRS vs As-Reported Weekly Highlights for March 15, 2017
March 14, 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
Twitter, Inc. (TWTR)
Stock Option Expense Distortion
CVS Health Corporation (CVS)
Goodwill Distortion
Gilead Sciences, Inc. (GILD)
R&D Expense Distortion
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