The slight decrease in EBITDA margin for the quarter is attributable to increased expenses associated with new business pitches, certain unbillable direct costs tied to revenue growth at several of our businesses, and an increase in travel and entertainment as in-person meetings are gradually returning, all partially offset by a lower compensation to revenue ratio as the company has effectively managed its single largest expense in a period of wage inflation.

Aug 4, 2022 / CFO / receipt, needs a key / Franklin Nudo, CFO | earnings call 2022-08-04 | transcript 26221f1d-b703-4db2-b6b0-ad57d257ba31 | chars 18744-19207 | segment 19