GAAP


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Related to GAAP: Non-GAAP, Sarbanes Oxley

GAAP

abbr.
generally accepted accounting principles
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.GAAP - a collection of rules and procedures and conventions that define accepted accounting practice; includes broad guidelines as well as detailed procedures
generally accepted accounting principles
accounting principle, accounting standard - a principle that governs current accounting practice and that is used as a reference to determine the appropriate treatment of complex transactions
aggregation, collection, accumulation, assemblage - several things grouped together or considered as a whole
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
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* Fiscal year 2019 GAAP revenue of $4,731 billion and non-GAAP revenue of $4,762 billion
Symantec Corporation (NASDAQ: SYMC)
* First quarter fiscal 2020 total company non-GAAP revenue of $267 million, or 23% growth year-over-year; total company GAAP revenue of $247 million, or 16% growth year-over-year
BlackBerry Ltd (BB)
* Fiscal year 2019 GAAP operating margin expansion of 110 basis points year-over-year.
Virtusa Corporation (NASDAQ GS: VRTU)
* GAAP net loss was $11.4 million, or $0.57 per basic share, compared with net income of $8.0 million, or $0.40 per diluted share in the second quarter of 2018, and a net loss of $10.5 million, or $0.53 per basic share in the first quarter of 2019.
Applied Optoelectronics Reports Second Quarter 2019 Results
Healthcare company PerkinElmer Inc (NYSE:PKI) disclosed on Monday its GAAP earnings per share from continuing operations of USD0.62 for the second quarter ended 30 June 2019.
PerkinElmer achieves higher GAAP earnings per share from continuing operations of USD0.62 for Q2 2019
As the reporting of non-GAAP financial performance measures has gained popularity, these measures have raised concerns at the SEC as to whether they are more prominent than GAAP measures or misleading to investors.
Learning from the Current Research on Non-GAAP Financial Measures
GAAP Operating Income was up 1% to $2.8 billion and GAAP Operating Margin was 30%.
Oracle Corporation announces fiscal results
This marks a growth when compared with GAAP net income of USD0.8m (USD0.02 per diluted share) for the second quarter of 2017 and GAAP net income of USD2.0m (USD0.05 per diluted share) for the third quarter of 2016, respectively.
Omnicell announces record revenue rise of 3.3 % for Q3 2017
Gross profit: USD99.2 million GAAP compared to USD87.4 million in the third quarter of 2015.
Synchronoss Technologies Q3 total revenue up YoY
In any accounting period, a company's net income as determined while applying GAAP might include certain one-time expenses that management believes might actually distort that period's earnings picture.
Assessing the gap in GAAP: which numbers represent true earnings?
GAAP diluted net loss per share was USD0.01 for the first quarter of 2016, compared with USD0.01 for the first quarter of 2015.
Ruckus Wireless Q1 2016revenue up 22.5% YoY

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