Non-GAAP measures

Non-GAAP measures are financial metrics that companies use to present their financial performance differently from standard accounting rules (GAAP). They often exclude certain items like one-time expenses, restructuring costs, or other non-recurring charges to give a clearer picture of ongoing operations. While these measures can provide useful insights, they are not standardized and may vary between companies. Investors and analysts should consider both GAAP and Non-GAAP figures to get a complete understanding of a company's true financial health and performance.