Businesses outside e-commerce were unprofitable in Q4, suggesting Alibaba's diversification efforts have a long way to go.
Sometimes, the commission’s metrics guidance works against the interests of financial-statement users, a capital markets expert says.
But the SEC should continue trying to boost transparency and comparability in reporting: CFA Institute official.
The retailer's stock falls 2% on the Q4 earnings report, indicating investors are skeptical about its turnaround strategy.
There's an awful lot of gray area around the topic of what companies should or shouldn't do in their presentations of the unofficial metrics.
Inconsistent interpretation, guidance, and enforcement of non-GAAP measures lead to a lack of confidence in reporting.
While non-GAAP metrics are often useful, too many companies use them to present a misleading picture of performance, a senior auditor says.
"Target's not out of the woods, yet," a retail analyst says. "The road to improvement will be long."
D&O insurance will become more and more valuable to fend off shareholder-driven cyber litigation.
Research suggests a correlation between market sensitivity to financial results and reported revenue in the following quarter.