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Veritec (VRTC) Research & Development (2016 - 2019)

Veritec has reported Research & Development over the past 10 years, most recently at $6547.0 for Q2 2019.

  • Quarterly results put Research & Development at $6547.0 for Q2 2019, down 34.91% from a year ago — trailing twelve months through Jun 2019 was $19000.0 (down 36.66% YoY), and the annual figure for FY2019 was $19000.0, down 36.66%.
  • Research & Development for Q2 2019 was $6547.0 at Veritec, down from $12403.0 in the prior quarter.
  • Over the last five years, Research & Development for VRTC hit a ceiling of $65361.0 in Q1 2017 and a floor of $50.0 in Q3 2018.
  • Median Research & Development over the past 5 years was $11085.0 (2016), compared with a mean of $15569.4.
  • Biggest five-year swings in Research & Development: surged 278.95% in 2017 and later tumbled 99.45% in 2018.
  • Veritec's Research & Development stood at $23232.0 in 2015, then plummeted by 50.97% to $11390.0 in 2016, then fell by 5.36% to $10780.0 in 2017, then tumbled by 99.54% to $50.0 in 2018, then soared by 12994.0% to $6547.0 in 2019.
  • The last three reported values for Research & Development were $6547.0 (Q2 2019), $12403.0 (Q1 2019), and $50.0 (Q3 2018) per Business Quant data.