“Non GAAP” = We Just Made This Up

Just reviewing a marketing services (adtech) company’s financials and found myself laughing over the non-GAAP section of the investor presentation. It started my day off with a smile.

Takeaway: Put your hand firmly in your pocket when the IR team directs you to non-GAAP measures of success.

Aside | This entry was posted in Analysis, Philosophy and tagged , , , . Bookmark the permalink.

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