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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 Apr. 2014 was $11.7 Mil. Its research and development for the trailing twelve months (TTM) ended in Apr. 2014 was $46.6 Mil.
This is the expense the company spent on research and development.
Cyberonics Inc Research & Development for the trailing twelve months (TTM) ended in Apr. 2014 was 11.975 (Jul. 2013 ) + 11.653 (Oct. 2013 ) + 11.202 (Jan. 2014 ) + 11.732 (Apr. 2014 ) = $46.6 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||20.1||29.5||28.1||22.4||19.7||22.1||28.6||35.3||41.6||46.6|
Cyberonics Inc Quarterly Data
|Research & Development||9.1||9.1||9.7||10.0||10.2||11.5||12.0||11.7||11.2||11.7|