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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. 2016 was $16.7 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2016 was $67.3 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. 2016 was 16.589 (Dec. 2015 ) + 16.337 (Mar. 2016 ) + 17.657 (Jun. 2016 ) + 16.739 (Sep. 2016 ) = $67.3 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.
The Spectranetics Corp Annual Data
|Research & Development||9.9||10.8||13.4||15.1||14.9||17.7||16.8||22.1||28.7||64.4|
The Spectranetics Corp Quarterly Data
|Research & Development||5.7||7.6||9.3||15.3||16.7||15.9||16.6||16.3||17.7||16.7|