October 1, 2018

Valens Research – UAFRS vs As Reported Weekly Highlights – September 26, 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

Medifast, Inc. (MED)
Excess Cash Distortion

GameStop Corp. (GME)
Operating Lease Expense Distortion

Mednax, Inc. (MDP)
Goodwill Distortion

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