Generally Accepted Accounting Principles

Cresco Labs to Report First Quarter 2021 Financial Results on May 27th and Announces Conversion to U.S. GAAP Accounting

Retrieved on: 
Tuesday, May 4, 2021
Fitness & Nutrition, Tobacco, Specialty, Alternative medicine, Food, Beverage, Health, Retail, Agriculture, Natural Resources, Cannabis, Cannabis in Illinois, Cresco Labs, Cresco, International Financial Reporting Standards, Forward-looking statement, Generally Accepted Accounting Principles, Intel X99, Articles, Business

This conversion from IFRS to U.S. GAAP is being made to further prepare Cresco Labs for future capital markets opportunities in the U.S. and to more closely align with reporting standards familiar to U.S. investors and stakeholders.

Key Points: 
  • This conversion from IFRS to U.S. GAAP is being made to further prepare Cresco Labs for future capital markets opportunities in the U.S. and to more closely align with reporting standards familiar to U.S. investors and stakeholders.
  • Sunnyside, Cresco Labs\xe2\x80\x99 national dispensary brand, is a wellness-focused retailer created to build trust, education and convenience for both existing and new cannabis consumers.
  • Because of these uncertainties, you should not place undue reliance on the Company\xe2\x80\x99s forward-looking statements.
  • No assurances are given as to the future trading price or trading volumes of Cresco Labs\xe2\x80\x99 shares, nor as to the Company\xe2\x80\x99s financial performance in future financial periods.

Under Armour Announces Settlement of Previously Disclosed Securities and Exchange Commission Matter

Retrieved on: 
Monday, May 3, 2021
U.S. Securities and Exchange Commission, Generally Accepted Accounting Principles

This settlement relates to the Company\'s disclosures and does not include any allegations from the SEC that sales during these periods did not comply with generally accepted accounting principles.

Key Points: 
  • This settlement relates to the Company\'s disclosures and does not include any allegations from the SEC that sales during these periods did not comply with generally accepted accounting principles.
  • The Company neither admitted nor denied the SEC\'s charges.
  • The settlement resolves all outstanding SEC claims.
  • Designed to help advance human performance, Under Armour\'s innovative products and experiences are engineered to make athletes better.

GigaMedia Announces First-Quarter 2021 Financial Results

Retrieved on: 
Monday, May 3, 2021
Financial statements, Finance, Corporate finance, Money, Earnings before interest, taxes, depreciation and amortization, Fundamental analysis, Private equity, Profit, GAAP, Reconciliation, Annual report, Generally Accepted Accounting Principles

"\nTo supplement GigaMedia\'s consolidated financial statements presented in accordance with U.S.GAAP, the company uses the following measure defined as non-GAAP by the SEC: EBITDA.

Key Points: 
  • "\nTo supplement GigaMedia\'s consolidated financial statements presented in accordance with U.S.GAAP, the company uses the following measure defined as non-GAAP by the SEC: EBITDA.
  • Non-GAAP measures such as EBITDA should be considered in addition to results prepared in accordance with GAAP, but should not be considered a substitute for, or superior to, other financial measures prepared in accordance with GAAP.
  • Reconciliations to the GAAP equivalents of the non-GAAP financial measures are provided on the attached unaudited financial statements.\nAll quarterly results referred to in the text, tables and attachments to this release are unaudited.
  • Further information on risks or other factors that could cause results to differ is detailed in GigaMedia\'s Annual Report on Form 20-F filed in April 2021 and its other filings with the United States Securities and Exchange Commission.\n'

Akoustis Reports Record Third Quarter Fiscal 2021 Revenue

Retrieved on: 
Monday, May 3, 2021
XC2, Generally Accepted Accounting Principles, Generally Accepted Accounting Practice, Accounting, GAAP

b'We regularly review a number of metrics, including Non-GAAP Operating Loss and Non-GAAP Net Loss, which are not financial measures calculated in accordance with generally accepted accounting principles in the United States (\xe2\x80\x9cGAAP\xe2\x80\x9d).

Key Points: 
  • b'We regularly review a number of metrics, including Non-GAAP Operating Loss and Non-GAAP Net Loss, which are not financial measures calculated in accordance with generally accepted accounting principles in the United States (\xe2\x80\x9cGAAP\xe2\x80\x9d).
  • The Company utilizes its proprietary XBAW\xc2\xae manufacturing process to produce bulk acoustic wave RF filters for\xc2\xa0mobile and other wireless\xc2\xa0markets, which facilitate signal acquisition and accelerate band performance between the antenna and digital back end.
  • The Company owns and operates a\xc2\xa0120,000 sq.
  • Forward-looking statements are neither historical facts nor assurances of future results, performance, events or circumstances.

Limelight Networks Reports Financial Results for the First Quarter of 2021; Issues Guidance for the Full Year 2021

Retrieved on: 
Thursday, April 29, 2021
Profit, Finance, Fundamental analysis, Money, Economy, Earnings before interest, taxes, depreciation and amortization, Private equity, Income, Net income, Generally Accepted Accounting Principles, Stock valuation, ACSOI

These measures include the same adjustments that management takes into account when it reviews and assesses operating performance on a period-to-period basis.

Key Points: 
  • These measures include the same adjustments that management takes into account when it reviews and assesses operating performance on a period-to-period basis.
  • We consider Non-GAAP net income (loss) to be an important indicator of overall business performance.
  • We define Non-GAAP net income (loss) to be U.S. GAAP net income (loss) adjusted to exclude share-based compensation, non-cash interest expense and restructuring and transition related charges.
  • We define Adjusted EBITDA as EBITDA adjusted to exclude share-based compensation and restructuring and transition related charges.

PG&E Corporation Reports First-Quarter 2021 Financial Results

Retrieved on: 
Thursday, April 29, 2021
Energy, Utilities, Oil, Gas, Corporate finance, Finance, Money, Economy, United States Generally Accepted Accounting Principles, Communication, Forward-looking statement, Reconciliation, New York Stock Exchange, Generally Accepted Accounting Principles, Income, Earnings guidance

b"PG&E Corporation (NYSE: PCG) recorded first-quarter 2021 income available for common shareholders of $120 million, or $0.06 per share, as reported in accordance with generally accepted accounting principles (GAAP).

Key Points: 
  • b"PG&E Corporation (NYSE: PCG) recorded first-quarter 2021 income available for common shareholders of $120 million, or $0.06 per share, as reported in accordance with generally accepted accounting principles (GAAP).
  • See the accompanying tables for a reconciliation of non-GAAP core earnings to consolidated earnings available for common shareholders.\nPG&E Corporation is adjusting 2021 GAAP earnings guidance in the range of $0.07 to $0.21 per share, which includes non-core items.
  • It is possible that any of these filings or information included therein could be deemed to be material information.\nPG&E Corporation (NYSE: PCG) is a holding company headquartered in San Francisco.
  • PG&E Corporation and PG&E undertake no obligation to publicly update or revise any forward-looking statements, whether due to new information, future events or otherwise, except to the extent required by law.\nThree Months Ended March 31,\n"

Surna Reports Record Bookings in Preliminary First Quarter Results

Retrieved on: 
Thursday, April 22, 2021
Generally Accepted Accounting Principles, U.S. Securities and Exchange Commission, Accounting, Forward-looking statement, GAAP, Generally Accepted Accounting Practice

To supplement our financial results under U.S. generally accepted accounting principles (\xe2\x80\x9cGAAP\xe2\x80\x9d) basis, we use non-GAAP measures in various instances, including bookings as indicated in this press release.

Key Points: 
  • To supplement our financial results under U.S. generally accepted accounting principles (\xe2\x80\x9cGAAP\xe2\x80\x9d) basis, we use non-GAAP measures in various instances, including bookings as indicated in this press release.
  • We believe these non-GAAP measures are helpful in understanding and aiding the evaluation of our potential future results.
  • Bookings do not necessarily mean that they will convert to revenue and, therefore, may not be indicative of our future operating results.
  • These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions.

CSX Corp. Announces First Quarter 2021 Financial Results

Retrieved on: 
Tuesday, April 20, 2021
Accounting, SEC filings, United States securities law, Generally Accepted Accounting Principles, U.S. Securities and Exchange Commission, GAAP, Regulation S-K, Finance, Financial services, United States Generally Accepted Accounting Principles

Investors, media and the public may listen to the conference call by dialing 1-833-968-2260.

Key Points: 
  • Investors, media and the public may listen to the conference call by dialing 1-833-968-2260.
  • For nearly 200 years, CSX has played a critical role in the nation's economic expansion and industrial development.
  • More information about CSX Corporation and its subsidiaries is available at www.csx.com .\nCSX reports its financial results in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP).
  • CSX also uses certain non-GAAP measures that fall within the meaning of Securities and Exchange Commission Regulation G and Regulation S-K Item 10(e), which may provide users of the financial information with additional meaningful comparison to prior reported results.

XBRL US Data Quality Committee Public Exposure of 15th Ruleset for US GAAP and IFRS Filers

Retrieved on: 
Tuesday, April 20, 2021
Technology, Finance, Public relations, Investor relations, Banking, Accounting, Communications, Professional services, Software, Other Professional Services, Economy, XBRL, Finance, Money, International Financial Reporting Standards, Generally Accepted Accounting Principles

b'The XBRL US Data Quality Committee (DQC) has published its 15th Ruleset for a 45-day public review and comment period, which closes on June 2, 2021.

Key Points: 
  • b'The XBRL US Data Quality Committee (DQC) has published its 15th Ruleset for a 45-day public review and comment period, which closes on June 2, 2021.
  • This latest draft ruleset contains eight rules specific to US GAAP filers, and one new rule for IFRS filers.
  • Its DQC Rules Taxonomy (DQCRT) was developed through public review in collaboration with market participants via the XBRL US Data Quality Committee (DQC).
  • Filers, data providers, investors, accountants, and preparation tool providers are encouraged to review and comment on the proposed rules.

Visual Lease Reports Q1 Milestones in Product, Brand, Thought Leadership and Industry Recognitions

Retrieved on: 
Monday, April 19, 2021
Professional services, Technology, Other Construction & Property, Software, Finance, Construction & Property, Banking, Financial regulation, International Financial Reporting Standards, GASB, Generally Accepted Accounting Principles, Economy, Finance, Money, Leasing

We\xe2\x80\x99ve anticipated this awakening, and we\xe2\x80\x99ve been planning for it,\xe2\x80\x9d said Visual Lease\xe2\x80\x99s founder and CEO, Marc Betesh.

Key Points: 
  • We\xe2\x80\x99ve anticipated this awakening, and we\xe2\x80\x99ve been planning for it,\xe2\x80\x9d said Visual Lease\xe2\x80\x99s founder and CEO, Marc Betesh.
  • "\nTo keep up with announcements from Visual Lease, visit the Visual Lease Newsroom .\nTo register for the next ASC 842 Lease Accounting Milestone Planner webinar, visit here .\nVisual Lease is the #1 lease optimization software for managing, analyzing, streamlining and reporting on lease portfolios.
  • Developed by industry-leading lease professionals and CPAs, it combines GAAP, IFRS and GASB-compliant lease accounting controls with easy, flexible and automated lease management processes.
  • Committed to ongoing innovation and unparalleled customer service, Visual Lease helps organizations transform their lease compliance requirements into financial opportunities.