February 25, 2019

Valens Research – UAFRS vs As Reported Weekly Highlights – February 20, 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

CoStar Group, Inc. (CSGP)
Excess Cash Distortion

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