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
The TJX Companies, Inc (TJX)
Operating Lease Expense Distortion
Incyte Corporation (INCY)
Stock Option Expense Distortion
Microsoft Corporation (MSFT)
R&D Expense Distortion