Lies My Income Statement Told Me
Motley Fool Money
00:00
Earnings Under the Microscope: Non-GAAP Manipulations
This chapter examines how companies like Rent the Runway and Peloton manipulate earnings reports using non-GAAP metrics, particularly through the exclusion of significant costs such as depreciation. It highlights the potential risks and misrepresentations these practices pose to investors and the broader implications for financial transparency.
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Transcript
