4 ms·
> and under non-GAAP it has earnings. Yes, when it ignores arbitrary expenses, which are considered legitimate by GAAP, it turns a profit. Coincidently, when
by jpdoctor 15y ago
> and under non-GAAP it has earnings.
Yes, when it ignores arbitrary expenses, which are considered legitimate by GAAP, it turns a profit.
Coincidently, when I ignore expenses incurred by my wife, my income also goes up considerably. Want to invest?
- moocow01 15y agoYeah I agree it is absurd - the discrepency in Zynga's GAAP and non-GAAP earnings over the past few quarters is disconcerting. My only hope is that investors seem to be catching on based upon recent stock moves. As I see it non-GAAP is fluff just being used to allow VCs to continue to move product at a good enough price.