December 3, 2018

Valens Research – UAFRS vs As Reported Weekly Highlights – November 28, 2018

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

Workday, Inc. (WDAY)
Stock Option Expense Distortion

ACI Worldwide, Inc. (ACIW)
Operating Lease Expense Distortion

Prestige Consumer Healthcare Inc. (PBH)
Goodwill Distortion

To get access to all of our newsletter reports, please log into the Valens Research web app. If you don't have an account, you can sign up for the 30-day trial.