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On a sequential basis, our operating expenses were $6 million higher as we have hired engineers and also incurred higher selling expenses to support the revenue growth and some resumption of travel, but we're still slightly lower as a percentage of revenue.
Feb 10, 2022 / CEO / receipt, needs a key / David Schaefer, CEO | earnings call 2022-02-10 | transcript 8d8218dd-9ce3-4421-96eb-009ee58e6644 | chars 20212-20469 | segment 20
Operations pushed extensive cost reduction actions in all areas with a combination of furloughs, wage and salary freezes, short-time work, vacation, spend reductions, and other measures, In addition to the cost savings on travel and entertainment coming from the lockdown, SG&A costs were down $10 million, or 8%, and remained constant with the prior year's percentage of sales.
Aug 13, 2020 / CEO / receipt, needs a key / David Schaefer, CEO | earnings call 2020-08-13 | transcript 2a2d3333-d32a-410a-bd04-3b8da6c6c9ff | chars 4227-4605 | segment 4
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