“So let me first relate in the P&L is triple digit, of course, the number will grow. There will be some slowdown, but because we're ramping up actually enough so you still see nice growth.”

In context

“Tal Payne (CFO): So let me first relate in the P&L is triple digit, of course, the number will grow. There will be some slowdown, but because we're ramping up actually enough so you still see nice growth. Or when you look at the deferred revenues, remember, we don't issue invoices for the entire period. We issued invoices only for the first year. Remember, most of it is supported subscription. So it's in line with the regular system of billings, so there's no pulling forward of billing from the next year. This is annual invoicing in line with the regular and it is growing very fast, both in the deferred revenue and in the revenue.”