September 18, 2017

Valens Research – UAFRS vs As Reported Weekly Highlights – September 13, 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

FedEx Corporation (FDX)
Operating Lease Distortion

Danaher Corporation (DHR)
Goodwill Distortion

F5 Networks, Inc. (FFIV)
Stock Option Expense Distortion

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