Re:Fantasy Math Is Helping Companies Spin Losses into Profits
by Animats on Monday April 25, 2016 @07:59PM
(#11568350)
Yes. And journalists cooperate by publicizing non-GAAP figures. My general position, having run Downside.com, is that you're only a "growth" company for a short period, three years at most after you have a product. After that, you better have good GAAP numbers.
When was the last time you saw an "extraordinary item" in a footnote that was excluded from making the earnings look better? Have you ever seen one?
EBDITA is called "earnings before all the bad stuff" by value-oriented analysts.
When was the last time you saw an "extraordinary item" in a footnote that was excluded from making the earnings look better? Have you ever seen one?
EBDITA is called "earnings before all the bad stuff" by value-oriented analysts.