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Technology Stocks : InvenSense (INVN)
INVN 21.23+2.1%Oct 31 5:00 PM EST
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From: GPS Info5/31/2014 2:06:07 PM
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Ignore the Sell-Off: InvenSense Is Investing in the Future
May 28, 2014
<snip>
R&D spending, for instance, was up from $6.36 million in the March 2013 quarter to a whopping $15.99 million in the March 2014 quarter, representing a 151% increase. Now, year over year, revenues didn't grow anywhere near that much (they jumped from about $55.2 million to $59 million -- a more modest 6.9%) so GAAP net income went from a $13.52 million to a loss of $5.63 million. That's the short-term price a high-growth tech company has to pay in order to secure its long-term future.

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