Valens Research – UAFRS vs As Reported Weekly Highlights – March 27, 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

TransUnion (TRU)
Goodwill Distortion 

Teradata Corporation (TDC)
R&D Expense Distortion

Envestnet, Inc. (ENV)
Stock Option Expense Distortion