When you read financial statements, you may see GAAP vs. non-GAAP figures reported. All public companies in the U.S. are required to use generally accepted accounting principles (GAAP). Financial ...
Generally accepted accounting principles, known as GAAP, are a standard set of guidelines followed by US accountants and corporations. Since publicly traded companies are required to report GAAP ...
The use of financial measures that do not conform to US Generally Accepted Accounting Principles (GAAP) has long been the subject of debate—even controversy. Read insights from Cindy Fornelli. The use ...
Improper use of non-GAAP measures, which has been an item of scrutiny in public company reporting for years, remains an area of concern for the SEC staff. “The regulations and guidance over non-GAAP ...
Is a company making profit or a loss? It’s undoubtedly an important question in the minds of managers, investors, bankers, and boards of directors (investors would like to buy shares of, and banks ...
CenterPoint Energy, Inc. (NYSE: CNP) or “CenterPoint” today announced a transformative 10-year plan aimed at advancing economic growth, enhancing the experience of customers, and delivering consistent ...
These amounts were included in SG&A and represent severance and restructuring costs related to the Company's 2024 corporate initiatives and the associated organizational redesign efforts. Non-GAAP ...
Income tax effect is based on long-term estimated annual effective tax rates of 23.0% and 22.2% for the periods ended 2023 and 2022, respectively.