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This is the expense the company spent on research and development. Cyberonics Inc's research and development for the three months ended in Mar. 2016 was $31.7 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2016 was $57.0 Mil.
This is the expense the company spent on research and development.
Cyberonics Inc Research & Development for the trailing twelve months (TTM) ended in Mar. 2016 was 10.061 (Jul. 2015 ) + 15.249 (Oct. 2015 ) + 0 (Dec. 2015 ) + 31.69 (Mar. 2016 ) = $57.0 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.
Cyberonics Inc Annual Data
|Research & Development||19.3||29.5||28.1||22.4||19.7||22.1||28.6||35.3||41.6||46.6|
Cyberonics Inc Quarterly Data
|Research & Development||11.2||11.7||10.6||10.8||10.5||10.7||10.1||15.2||0.0||31.7|