Non-GAAP vs. GAAP Earnings: What is the Difference? Non-GAAP earnings are meant to normalize historical performance and set a more accurate reference point for forecasts to be based upon. While GAAP attempts to establish uniformity among the financial statements of public companies, it is still ...
所谓Non-GAAP口径，一般是公司根据行业特点或者企业自身管理习惯，以遵循会计准则编制的财务报表数据为基础...
To get a clearer picture of core operating earnings, some companies also report adjusted, or non-GAAP, earnings. They do this by adding back charges and subtracting gains. Non-recurring gains are subtracted from GAAP earnings, while non-recurring charges are added. The companies that report ad...
EBITDA is a non-GAAP earnings measure calculated by adding back the non-cash expenses of depreciation and amortization to a firm's operating income. It allows analysts to focus on the outcome of operating decisions while excluding the impacts of non-operating decisions like interest expenses (a ...
Frankel, R., McVay, S., & Soliman, M. (2011). Non-GAAP earnings and board independence. Review of Accounting Studies, 16(4), 719-744.Frankel, R., McVay, S. and Soliman, M. (2011), "Non-GAAP Earnings and Board Independence", Review of Accounting Studies, Vol. 16 No. 4, pp...
Square reported non-GAAP earnings are overstated. Operations are adding little to equity. $1,290 million of the $1,487 million increase in shareholders' equity over the last 3.75 years came from employee's exercise of rights and options, and other capital raising activities. If the P/E ratio...
non-GAAP不包含一次性损益,认为这(特别是资产减记(asset written-downs)和公司重组等的一次性大损失(large one-off costs))扭曲了公司的财务绩效,不能够真实反映公司的经营状况。所以non-GAAP采用的earnings一般是EBIT(息税前利润,earnings before interest and taxes)、EBITDA (息税折旧摊销前利润,earnings before in...
Non-GAAP Earnings Definition 2013 年 2 月 18 日补充，引自雪球用户 @ 自由最美 - 雪球 的讲解：...
Specific Earnings Performance While non-GAAP earnings may have a tendency to manipulate earnings numbers, they also provide legitimate uses for both investors and management. Sometimes, investors prefer certain non-GAAP earnings to better gauge the core performance of some business operations, because GA...
When used appropriately, these non-GAAP financial measures can help companies provide a more meaningful picture of the company's performance and value. Presenting only the financial results of the core business activities can be useful. However, there are no regulations around non-GAAPearnings per s...