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This is the expense the company spent on research and development. Adtran Inc's research and development for the three months ended in Sep. 2014 was $33.3 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2014 was $132.5 Mil.
This is the expense the company spent on research and development.
Adtran Inc Research & Development for the trailing twelve months (TTM) ended in Sep. 2014 was 32.941 (Dec. 2013 ) + 32.553 (Mar. 2014 ) + 33.67 (Jun. 2014 ) + 33.324 (Sep. 2014 ) = $132.5 Mil.
If competitive advantage is created by a patent or tech advantage, at some point it will disappear.
High R&D usually dictates high SG&A which threatens the competitive advantage.
Adtran Inc Annual Data
|Research & Development||62.7||70.7||75.4||81.8||83.3||90.3||100.3||126.0||131.1||132.3|
Adtran Inc Quarterly Data
|Research & Development||35.6||33.1||32.5||33.1||32.5||32.9||32.6||33.7||33.3||32.7|