Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

This report is one of a series on the adjustments we make to convert GAAP data to economic earnings. Reported earnings don’t tell the whole story of a company’s profits. They are based on ...

Gains and losses from investments in public securities can materially impact GAAP net income. This report highlights how my firm’s Robo-Analyst identified disclosures in a recent 10-Q that reveal how ...

While analyzing Bio-Rad Laboratories’ (BIO) most recent 10-K, my firm’s analysts noticed that its non-operating income not only overstates GAAP net income but could negatively impact the firm’s ...

This report is one of a series on the adjustments we make to convert GAAP data to economic earnings. This report focuses on an adjustment we make to convert the reported balance sheet assets into ...

If you have spent any time reading earnings reports or listening to investor conference calls, you have almost certainly come across two terms that sound similar but mean different things. EBITDA and ...