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MedTech Bundling Requires Both DSE and Lessor Accounting Solutions

Bramasol

In order to take these bundling scenarios to an optimal level, medical equipment makers need to leverage more integrated solutions that bring all the backend processes together in a seamless end-to-end environment that meshes with compliance and reporting mandates. For revenue recognition, they also must comply with ASC 606 and IFRS 15.

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JD.com Reports 417.4M Annual Active Customers Amid Better-Than-Expected Earnings

PYMNTS

reported non-GAAP diluted net income per ADS of 50 cents on revenues of $28.5 The eCommerce retailer also noted that mobile daily active users in June 2020 rose by 40 percent compared to June 2019, according to a Monday (Aug. 17) announcement. JD.com Inc. Analysts had expected 38 cents per share in earnings on $27.45 billion in revenue.

GAAP 54
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Kohl's Reduces Corporate Workforce By Approximately 15 Pct

PYMNTS

Kohl’s reported a $39 million adjusted non-GAAP net loss on net sales of $3.21 We are a well-disciplined operator, leveraging our strong financial position to effectively navigate through this crisis,” Gass said at the time. The results came out ahead of analyst expectations of a loss per share of 83 cents on revenue of $3.09

GAAP 52
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Cash flow forecasting: The key to future-proofing your business in 2024

Centage

Another source of pain is when integrated cash flow reports are based on GAAP accounting rules, not formulas, but aren’t supported in the planning and forecasting software application a business is using. To set your organization up for success, you need modern FP&A tools that put cash front and center.

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The Habit Restaurants Now Owned By Yum! Brands

PYMNTS

Brands said there would likely not be much change to the non-GAAP earnings per share this year, but that the numbers would start to go up in 2021 as accretion began. Bendel called the day “historic” and said the partnership would bring the restaurant to new heights by leveraging Yum!’s ’s global scale.

GAAP 56
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The RealReal Tops $1B In GMV In 2019

PYMNTS

Wainwright said in a statement , “Our Q4 results exemplify our long-standing approach to balancing growth and operating leverage. Non-GAAP basic and diluted net loss per share was 17 cents. Consignment and service revenue was $80.7 million, which represented a 46 percent YOY rise. The company reported total revenue of $97.3

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When consolidating multiple P&Ls breaks your spreadsheets

Centage

This quote, from the Controller at a multi-entity vineyard and winery in California , is representative of the pain points involved with rolling up multiple P&Ls: “I’d have a spreadsheet with 20 tabs , all of which were linked to a GAAP-based P&L on the first tab.