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This is the expense the company spent on research and development. Newport Corporation's research and development for the three months ended in Dec. 2013 was $12.7 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2013 was $52.5 Mil.
This is the expense the company spent on research and development.
Newport Corporation Research & Development for the trailing twelve months (TTM) ended in Dec. 2013 was 13.101 (Mar. 2013 ) + 13.577 (Jun. 2013 ) + 13.129 (Sep. 2013 ) + 12.717 (Dec. 2013 ) = $52.5 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.
Newport Corporation 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 Corporation Quarterly Data
|Research & Development||11.2||13.5||13.8||13.7||12.9||12.4||13.1||13.6||13.1||12.7|