“Currently, we're forecasting OpEx growth in the mid-teens.”

In context

“Joo Mi Kim (CFO): Currently, we're forecasting OpEx growth in the mid-teens. Sales and marketing continued to grow strongly, around the 15% mark. Last quarter it grew 18% year-over-year; this quarter it grew 17% year-over-year. With sales and marketing potentially ramping in the second half, the remainder of the OpEx is allocated for R&D for the most part. We would invest more in R&D if we see justified returns, especially with AI investments. Given that, we're guiding to mid-40s EBITDA margin, which implies mid-teens growth in OpEx.”