> Our third quarter revenues were $69.1 billion, up 6% versus last
year or up 11% on a constant currency basis
"Constant Currency Basis" seems to be the latest innovation in the non-GAAP methods of reporting revenue. The creativity of the financial industry never ceases to impress.
Thankfully we do have a set of "Generally Accepted Accounting Principles" that helps see through the bull.
"Constant Currency Basis" seems to be the latest innovation in the non-GAAP methods of reporting revenue. The creativity of the financial industry never ceases to impress.
Thankfully we do have a set of "Generally Accepted Accounting Principles" that helps see through the bull.