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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 Dec. 2015 was $14.2 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2015 was $58.5 Mil.
This is the expense the company spent on research and development.
Newport Corp Research & Development for the trailing twelve months (TTM) ended in Dec. 2015 was 14.955 (Mar. 2015 ) + 15.158 (Jun. 2015 ) + 14.232 (Sep. 2015 ) + 14.167 (Dec. 2015 ) = $58.5 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 Corp Annual Data
|Research & Development||42.0||42.6||46.1||36.9||39.3||45.3||52.7||52.5||58.4||58.5|
Newport Corp Quarterly Data
|Research & Development||13.1||12.7||14.1||14.3||14.1||15.9||15.0||15.2||14.2||14.2|