June 25, 2018

Valens Research – UAFRS vs As Reported Weekly Highlights – June 20, 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

Inter Parfums, Inc. (IPAR)
Excess Cash Distortion

The Interpublic Group of Companies, Inc. (IPG)
Operating Lease Distortion

Fortinet, Inc. (FTNT)
Stock Option Expense Distortion

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