Valens Research – UAFRS vs As Reported Weekly Highlights – August 22, 2019

August 26, 2019

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

Boot Barn Holdings, Inc. (BOOT)
Operating Lease Distortion

OneSpan, Inc. (OSPN)
R&D Expense Distortion

Stock Option Expense Distortion