October 5, 2016

Valens vs As Reported Weekly Highlights for October 5, 2016


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

Mylan N.V. (MYL)
Acquisition Intangibles Distortion

NetApp, Inc. (NTAP)
Stock Option Expense Distortion

Harman International Industries, Incorporated (HAR)
R&D Expense Distortion

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