“The real effect is the growth in the headcount, which is, again, you will see it also in Q2, you saw it as part of the guidance as well because we recruited them towards February, March. So you actually see the effect more fully in Q2.”

In context

“Tal Payne (CFO and COO): Okay. I can say one thing is clear. The price of the component definitely moved up. One way street, okay? So you can see it in our cost of goods sold, it's moved up and it's part of the gross margin that you see. So that's the only thing that is clear. When it comes to the revenue side, then you have a lot of things moving, and it's very hard to know, of course. So we increased the price, if you remember, in 7%, which I think is the lowest from any other vendor. I think content increasing like 30% and the Palo Alto maybe in 8%, and we increased in 7%. But if you ask if it to reach the end user, I would say it depends, some it did, some it didn't. It depends on the project. It depends on the competition, just like any product. So it's harder to measure that. And when it comes to the expenses, then that's the only thing, again, clearly, you can measure. Year-over-year, we actually aligned. So the effect on the expenses of the currency, Q1 versus Q1 is very minor, maybe $1 million or $2 million. The real effect is the growth in the headcount, which is, again, you will see it also in Q2, you saw it as part of the guidance as well because we recruited them towards February, March. So you actually see the effect more fully in Q2.”