Valens Research – UAFRS vs As Reported Weekly Highlights – August 30, 2017
September 4, 2017
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
Semtech Corporation (SMTC)
Stock Option Expense Distortion
Citrix Systems, Inc. (CTXS)
Goodwill Distortion
Big Lots, Inc. (BIG)
Operating Lease Distortion
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