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Valens Research – UAFRS vs As Reported Weekly Highlights – March 13, 2019

March 18, 2019

Each week, Valens focuses on several companies that were analyzed in the prior week, where material distzortions caused by as-reported GAAP accounting need to be corrected to understand a company’s economic fundamentals.

Company Specific Highlights & Insights

Fidelity National Information Services, Inc. (FIS)
Goodwill Distortion 

Mylan N.V. (MYL)
R&D Expense Distortion

Magellan Health, Inc. (MGLN)
Stock Option Expense Distortion

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