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
VMware, Inc. (VMW)
Stock Option Expense Distortion
Northrop Grumman Corporation (NOC)
Shutterfly, Inc. (SFLY)
R&D Expense Distortion