Valens Research – UAFRS vs As Reported Weekly Highlights – July 9, 2020
July 9, 2020
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
LogMeIn, Inc. (LOGM)
R&D Expense Distortion
Pets at Home Group Plc (PETS:GBR)
Goodwill Distortion