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This is the expense the company spent on research and development. The Spectranetics Corp's research and development for the three months ended in Sep. 2015 was $15.9 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2015 was $57.2 Mil.
This is the expense the company spent on research and development.
The Spectranetics Corp Research & Development for the trailing twelve months (TTM) ended in Sep. 2015 was 9.311 (Dec. 2014 ) + 15.261 (Mar. 2015 ) + 16.66 (Jun. 2015 ) + 15.926 (Sep. 2015 ) = $57.2 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.
The Spectranetics Corp Annual Data
|Research & Development||6.7||9.9||10.8||13.4||15.1||14.9||17.7||16.8||22.1||28.7|
The Spectranetics Corp Quarterly Data
|Research & Development||5.5||5.7||5.8||6.1||5.7||7.6||9.3||15.3||16.7||15.9|