June 11, 2018

Valens Research – UAFRS vs As Reported Weekly Highlights – June 6, 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

HEICO Corporation (HEI)
Goodwill Distortion

HealthStream, Inc. (HSTM)
Operating Lease Distortion

Perficient, Inc. (PRFT)
Stock Option Expense Distortion

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