Valens Research – UAFRS vs As Reported Weekly Highlights – September 12, 2018
September 16, 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
Lam Research Corporation (LRCX)
R&D Expense Distortion
AMAG Pharmaceuticals, Inc. (AMAG)
Goodwill Distortion
SBA Communications Corporation (SBAC)
Operating Lease Expense