Valens Research – UAFRS vs As Reported Weekly Highlights – February 20, 2019
February 25, 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
Adtalem Global Education, Inc. (ATGE)
Operating Lease Distortion
Gilead Sciences, Inc. (GILD)
R&D Expense Distortion