Valens Research – UAFRS vs As Reported Weekly Highlights – December 12, 2018
December 18, 2018
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
Laboratory Corporation of America Holdings (LH)
Goodwill Distortion
AECOM (ACM)
Operating Lease Expense Distortion
Commvault Systems, Inc. (CVLT)
Stock Option Expense Distortion