In this episode Matt Kelly and I take deep dive into the issue of non-GAAP metrics and its implications. We were inspired an article in this quarter’s MIT Sloan Management Review entitled, “The Pitfalls of Non-GAAP Metrics” by H. David Sherman and S. David Young. It is fascinating review of this topic, which as the authors note “Lurking within the financial statements and communications of public companies is a troubling trend. Alternative metrics, once used sparingly, have become increasingly ubiquitous and more detached from reality.”

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