July 30, 2018

Valens Research – UAFRS vs As Reported Weekly Highlights – July 25, 2018


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

DISH Network Corporation (DISH)
Goodwill Distortion

The Ultimate Software Group, Inc. (ULTI)
Stock Option Expense Distortion

Johnson & Johnson (JNJ)
R&D Expense Distortion

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