Revenues should be recognized on the income statement in the period they are realized and earned—not necessarily when the cash is received. Companies often accompany GAAP-compliant measures with ...

Non-GAAP financial measures are financial metrics that are not based on standard accounting principles but are presented by a company to ...

Meagan is a former Series 7 financial advisor and current writer focused on blending straightforward information with a dose of humor on topics including equity investments, insurance products ...

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Sonoco, a global packaging company, has posted a generally accepted accounting principles (GAAP) net income of $54.4m for the ...

To supplement the condensed consolidated financial statements ... (“GAAP”), the tables above set forth Non-GAAP gross profit; Non-GAAP gross margin; Non-GAAP operating expenses; Non-GAAP ...