Orthofix Announces Preliminary 2018 Fourth Quarter and Full Year Net Sales Results
Constant currency can be presented for numerous GAAP measures, but is most commonly used by management to analyze net sales without the impact of changes in foreign currency rates.
- Constant currency can be presented for numerous GAAP measures, but is most commonly used by management to analyze net sales without the impact of changes in foreign currency rates.
- Management uses these non-GAAP measures as the basis for assessing the ability of the underlying operations to generate cash.
- In addition, management uses these non-GAAP measures to further its understanding of the performance of our business units.
- Wecompensate for the limitations of our non-GAAP financial measures by relying upon GAAP results to gain a complete picture of our performance.