Sales and marketing expense increased as a percentage of revenue to 42.4% from 41.2% for the third quarter. The sequential increase was in part the result of seasonal investments in marketing activities during the fourth quarter that included our annual Docebo-inspired conference.

Mar 10, 2022 / CFO / receipt, needs a key / Sukaran Mehta, CFO | earnings call 2022-03-10 | transcript 4fc8cb23-5987-49f9-8925-610275b706d8 | chars 12719-13000 | segment 13