Valens Research – UAFRS vs As Reported Weekly Highlights – October 17, 2019
October 17, 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
Pegasystems, Inc. (PEGA)
Stock Option Expense Distortion