Valens Research – UAFRS vs As Reported Weekly Highlights – September 3, 2020

September 2, 2020

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
Premier, Inc. (PINC)
Stock Option Expense Distortion
Twitter, Inc. (TWTR)
Excess Cash Distortion
Yelp Inc. (YELP)
R&D Expense Distortion