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This is the expense the company spent on research and development. Proto Labs Inc's research and development for the three months ended in Sep. 2016 was $6.0 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2016 was $22.0 Mil.
This is the expense the company spent on research and development.
Proto Labs Inc Research & Development for the trailing twelve months (TTM) ended in Sep. 2016 was 4.879 (Dec. 2015 ) + 5.318 (Mar. 2016 ) + 5.816 (Jun. 2016 ) + 5.976 (Sep. 2016 ) = $22.0 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.
Proto Labs Inc Annual Data
|Research & Development||0.0||0.0||3.1||4.3||5.2||9.1||11.9||16.6||18.4||22.4|
Proto Labs Inc Quarterly Data
|Research & Development||4.6||4.7||4.3||4.4||4.8||4.9||5.3||5.8||6.0||5.3|