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This is the expense the company spent on research and development. Newport Corp's research and development for the three months ended in Jun. 2014 was $14.3 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2014 was $54.3 Mil.
This is the expense the company spent on research and development.
Newport Corp Research & Development for the trailing twelve months (TTM) ended in Jun. 2014 was 13.129 (Sep. 2013 ) + 12.717 (Dec. 2013 ) + 14.138 (Mar. 2014 ) + 14.318 (Jun. 2014 ) = $54.3 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.
Newport Corp Annual Data
|Research & Development||22.2||35.9||42.0||42.6||46.1||36.9||39.3||45.3||52.7||52.5|
Newport Corp Quarterly Data
|Research & Development||13.8||13.7||12.9||12.4||13.1||13.6||13.1||12.7||14.1||14.3|