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
Oracle Corporation (ORCL)
Excess Cash Distortion
Alexion Pharmaceuticals, Inc. (ALXN)
Stock Option Expense Distortion
The Gap, Inc. (GPS)
Operating Lease Distortion