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
Gilead Sciences, Inc. (GILD)
R&D Expense Distortion
Dollar Tree, Inc. (DLTR)
Operating Lease Expense Distortion
Baidu, Inc. (BIDU)
Excess Cash Distortion