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This is the expense the company spent on research and development. Veeco Instruments Inc's research and development for the three months ended in Sep. 2014 was $20.0 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2014 was $81.6 Mil.
This is the expense the company spent on research and development.
Veeco Instruments Inc Research & Development for the trailing twelve months (TTM) ended in Sep. 2014 was 20.824 (Dec. 2013 ) + 19.768 (Mar. 2014 ) + 21.011 (Jun. 2014 ) + 19.968 (Sep. 2014 ) = $81.6 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.
Veeco Instruments Inc Annual Data
|Research & Development||58.3||60.4||61.9||61.2||60.4||43.5||56.9||96.6||95.2||81.4|
Veeco Instruments Inc Quarterly Data
|Research & Development||23.9||25.8||22.2||20.7||20.9||19.0||20.8||19.8||21.0||20.0|