November 20, 2017

Valens Research – UAFRS vs As Reported Weekly Highlights – November 15, 2017

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

Check Point Software Technologies (CHKP)
Excess Cash Distortion

Spirit Airlines, Inc. (SAVE)
Operating Lease Expense Distortion

NetApp, Inc. (NTAP)
Stock Option Expense Distortion

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