Valens Research – UAFRS vs As Reported Weekly Highlights – December 19, 2019
December 19, 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
Alarm.com Holdings, Inc. (ALRM)
R&D Expense Distortion
Inovalon Holdings, Inc. (INOV)
Goodwill Distortion
Plains All American Pipeline, L.P. (PAA)
Net to Gross PP&E Distortion