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
BlackLine, Inc. (BL)
Stock Option Expense Distortion
Myriad Genetics, Inc. (MYGN)
R&D Expense Distortion
Philip Morris International Inc. (PM)
Excess Cash Distortion