October 9, 2017

Valens Research – UAFRS vs As Reported Weekly Highlights – October 4, 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

Euronet Worldwide, Inc. (EEFT)
Excess Cash Distortion

Symantec Corporation (SYMC)
Stock Option Expense Distortion

Pier 1 Imports, Inc. (PIR)
Operating Lease Expense Distortion

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