Operating expenses were $133.5 million in the quarter compared to $103.5 million last year. As a percentage of revenue, operating expenses were 23.8% in the quarter compared to 28.7% last year, reflecting expense leverage on the increased revenue and our continued discipline around expense management.

Apr 27, 2022 / CFO / receipt, needs a key / Zine Mazzuzzi, CFO | earnings call 2022-04-27 | transcript 88a23cd4-3b81-4f64-b73a-9ea169d230b9 | chars 7891-8193 | segment 8