Generally Accepted Accounting Principles

Boqii Announces Fiscal 2021 Third Quarter Unaudited Financial Results

Retrieved on: 
Wednesday, March 3, 2021
Finance, Earnings before interest, taxes, depreciation and amortization, Fundamental analysis, Private equity, Profit, Money, Financial markets, Generally Accepted Accounting Principles, United States Generally Accepted Accounting Principles, GAAP, International Financial Reporting Standards

The Company uses non-GAAP financial measures, namely adjusted net loss, EBITDA and EBITDA margin, in evaluating its operating results and for financial and operational decision-making purposes.

Key Points: 
  • The Company uses non-GAAP financial measures, namely adjusted net loss, EBITDA and EBITDA margin, in evaluating its operating results and for financial and operational decision-making purposes.
  • These non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP.
  • For reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures, please see the section of the accompanying tables titled, "Reconciliation of GAAP and Non-GAAP Results."
  • The Company encourages investors and others to review its financial information in its entirety and not rely on any single financial measure.

Jacobs Takes Majority Stake in PA Consulting to Form Strategic Partnership

Retrieved on: 
Wednesday, March 3, 2021
GAAP, PA Consulting Group, Generally Accepted Accounting Principles, GAAP

The investment places an enterprise value of PA at 1.825 billion ($2.5 billion1) and transforms PA into a global player at scale.

Key Points: 
  • The investment places an enterprise value of PA at 1.825 billion ($2.5 billion1) and transforms PA into a global player at scale.
  • Paving the way for closing, the transaction was overwhelmingly approved by PA employees and shareholders, with 99.9% voting in favor of the partnership.
  • CEO of PA Consulting Ken Toombs said:"The completion of Jacobs' investment marks the beginning of an exciting new chapter for PA. Jacobs' culture, values and client base are closely aligned to our own, making them a natural marketplace partner.
  • Jacobs provides non-GAAP financial measures to supplement U.S. GAAP measures, as they provide additional insight into Jacobs' financial results.

Principal Financial Group Announces 2021 Outlook

Retrieved on: 
Thursday, February 25, 2021
Finance, Consulting, Banking, Professional services, Insurance, Money, Economy, Generally Accepted Accounting Principles, U.S. Securities and Exchange Commission, Asset, Articles

The company uses a number of non-GAAP financial measures that management believes are useful to investors because they illustrate the performance of normal, ongoing operations, which is important in understanding and evaluating the companys financial condition and results of operations.

Key Points: 
  • The company uses a number of non-GAAP financial measures that management believes are useful to investors because they illustrate the performance of normal, ongoing operations, which is important in understanding and evaluating the companys financial condition and results of operations.
  • They are not, however, a substitute for U.S. GAAP financial measures.
  • Principal helps people and companies around the world build, protect and advance their financial well-being through retirement, insurance and asset management solutions that fit their lives.
  • Our employees are passionate about helping clients of all income and portfolio sizes achieve their goals offering innovative ideas, investment expertise and real-life solutions to make financial progress possible.

STMicroelectronics Publishes its 2020 Annual Report Form 20-F

Retrieved on: 
Wednesday, February 24, 2021
SEC filings, Companies, U.S. Securities and Exchange Commission, Form 20-F, Generally Accepted Accounting Principles, STMicroelectronics

Geneva, February 24, 2021 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, published today its Annual Report on Form 20-F for the year ended December 31, 2020 and filed it with the United States Securities and Exchange Commission (SEC).

Key Points: 
  • Geneva, February 24, 2021 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, published today its Annual Report on Form 20-F for the year ended December 31, 2020 and filed it with the United States Securities and Exchange Commission (SEC).
  • The Companys Form 20-F based on U.S. GAAP and complete audited financial statements is available at www.st.com and at www.sec.gov.
  • A hard copy version of the report is available free of charge from STs Investor Relations Department: +41 22 929 5920 or investors.st.com .
  • At ST, we are 46,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities.

PAVmed Provides Business Update and Preliminary Fourth Quarter 2020 Financial Results

Retrieved on: 
Monday, February 22, 2021
Accounting, Generally Accepted Accounting Principles, U.S. Securities and Exchange Commission, GAAP, Regulation, Generally Accepted Accounting Practice, Corporate finance, Accounting standards, Financial statements, United States Generally Accepted Accounting Principles

A conference call and webcast on todays Business Update and Preliminary Fourth Quarter Financial Results will take place at 8:30 AM EST.

Key Points: 
  • A conference call and webcast on todays Business Update and Preliminary Fourth Quarter Financial Results will take place at 8:30 AM EST.
  • All listeners should provide the operator with the conference call name PAVmed, Inc. Business Update Conference Call to join.
  • To supplement our unaudited financial results presented in accordance with U.S. generally accepted accounting principles (GAAP), management provides certain non-GAAP financial measures of the Companys financial results.
  • Non-GAAP financial measures are provided to enhance readers overall understanding of our current financial results and to provide further information for comparative purposes.

Spirit Realty Capital, Inc. Announces Fourth Quarter of 2020 Financial and Operating Results

Retrieved on: 
Friday, February 19, 2021
Commercial Building & Real Estate, Construction & Property, REIT, Money, Economy, Accounting, Generally Accepted Accounting Principles, U.S. Securities and Exchange Commission, GAAP, Asset, Financial statements

Spirit Realty Capital, Inc. (NYSE: SRC) is a premier net-lease REIT that primarily invests in single-tenant, operationally essential real estate assets, subject to long-term leases.

Key Points: 
  • Spirit Realty Capital, Inc. (NYSE: SRC) is a premier net-lease REIT that primarily invests in single-tenant, operationally essential real estate assets, subject to long-term leases.
  • More information about Spirit Realty Capital can be found on the investor relations page of the Company's website at www.spiritrealty.com .
  • In addition to U.S. GAAP financial measures, this press release and the referenced supplemental financial and operating report and related addenda contain and may refer to certain non-GAAP financial measures.
  • These non-GAAP financial measures should not be considered replacements for, and should be read together with, the most comparable GAAP financial measures.

ReWalk Robotics Reports Fourth Quarter and Year End 2020 Financial Results

Retrieved on: 
Thursday, February 18, 2021
Assistive technology, ReWalk, GAAP, Reconciliation, Generally Accepted Accounting Principles, Articles, Science and technology, Economy

ReWalk is a registered trademark of ReWalk Robotics Ltd. in Israel and the Unites States.

Key Points: 
  • ReWalk is a registered trademark of ReWalk Robotics Ltd. in Israel and the Unites States.
  • ReStore is a registered trademark of ReWalk Robotics Ltd. in the United States, Europe and the United Kingdom.
  • Each of the Companys non-GAAP financial measures is an important tool for financial and operational decision-making and for the Companys evaluation of its operating results over different periods of time.
  • ReWalk urges investors to review the reconciliation of the Companys non-GAAP financial measures to the comparable GAAP financial measures included below, and not to rely on any single financial measure to evaluate the Companys business.

EPAM Reports Results for Fourth Quarter and Full Year 2020

Retrieved on: 
Thursday, February 18, 2021
EPAM Systems, GAAP, EPAM, Generally Accepted Accounting Practice, Generally Accepted Accounting Principles, Accounting, Regulation, Corporate finance, Economy

NEWTOWN, Pa., Feb. 18, 2021 /PRNewswire/ --EPAM Systems, Inc. (NYSE: EPAM), a leading global provider of digital platform engineering and software development services, today announced results for its fourth quarter and full year ended December31, 2020.

Key Points: 
  • NEWTOWN, Pa., Feb. 18, 2021 /PRNewswire/ --EPAM Systems, Inc. (NYSE: EPAM), a leading global provider of digital platform engineering and software development services, today announced results for its fourth quarter and full year ended December31, 2020.
  • "This year's results are also a reflection of EPAM's adaptiveness and the increasing relevance of our constantly expanding capabilities."
  • EPAM will host a conference call to discuss results on Thursday, February18, 2021 at 8:00 a.m. EST.
  • EPAM supplements results reported in accordance with United States generally accepted accounting principles, referred to as GAAP, with non-GAAP financial measures.

EPAM Reports Results for Fourth Quarter and Full Year 2020

Retrieved on: 
Thursday, February 18, 2021
EPAM Systems, GAAP, EPAM, Generally Accepted Accounting Practice, Generally Accepted Accounting Principles, Accounting, Regulation, Corporate finance, Economy

NEWTOWN, Pa., Feb. 18, 2021 /PRNewswire/ --EPAM Systems, Inc. (NYSE: EPAM), a leading global provider of digital platform engineering and software development services, today announced results for its fourth quarter and full year ended December31, 2020.

Key Points: 
  • NEWTOWN, Pa., Feb. 18, 2021 /PRNewswire/ --EPAM Systems, Inc. (NYSE: EPAM), a leading global provider of digital platform engineering and software development services, today announced results for its fourth quarter and full year ended December31, 2020.
  • "This year's results are also a reflection of EPAM's adaptiveness and the increasing relevance of our constantly expanding capabilities."
  • EPAM will host a conference call to discuss results on Thursday, February18, 2021 at 8:00 a.m. EST.
  • EPAM supplements results reported in accordance with United States generally accepted accounting principles, referred to as GAAP, with non-GAAP financial measures.

AAM to Present at the Citi Global Industrials Conference on February 18

Retrieved on: 
Tuesday, February 16, 2021
Finance, American Axle, Financial services, Companies, Reconciliation, Generally Accepted Accounting Principles, AAM, Citigroup, GAAP

DETROIT, Feb. 16, 2021 /PRNewswire/ --American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the Citi Global Industrials Conference on February 18.

Key Points: 
  • DETROIT, Feb. 16, 2021 /PRNewswire/ --American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the Citi Global Industrials Conference on February 18.
  • AAM is scheduled to present at 11:20 a.m.
  • A live audio webcast will be accessible through the Investor Relations page on AAM's website ( www.aam.com ).
  • Information regarding these non-GAAP measures, as well as a reconciliation of these non-GAAP measures to GAAP financial information, is available on AAM's website ( www.aam.com ).