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
Salesforce.com, Inc. (CRM)
Stock Option Expense Distortion
Harley-Davidson, Inc. (HOG)
Net to Gross PP&E Distortion
Intuit Inc. (INTU)
R&D Expense Distortion