May 6, 2019

Valens Research – UAFRS vs As Reported Weekly Highlights – May 1, 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

DexCom, Inc. (DXCM)
Excess Cash Distortion

The Hain Celestial Group, Inc.(HAIN)
Stock Option Expense Distortion

Acorda Therapeutics, Inc. (ACOR)
R&D Expense Distortion

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