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Re: Arthur post# 41692

Wednesday, 04/17/2013 9:41:33 PM

Wednesday, April 17, 2013 9:41:33 PM

Post# of 183585
They eliminate non profitable revenue

CEO has said they eliminated the low profit revenue service and have switched to the mobile platform which is much more profitable with margins as high as 55%. Generating revenue that provides little profit doesn't make any sense so they stopped offering the older services, so the revenue number goes down, so what, we were probably losing money on that revenue. Future looks great