November 30, 2016

UAFRS vs As-Reported Weekly Highlights for November 30, 2016

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

Mylan N.V. (MYL)
Acquisition Intangibles Distortion

First Solar, Inc. (FSLR)
Stock Option Expense Distortion

Siemens Aktiengesellschaft (DB:SIE)
R&D Expense Distortion

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