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/biz/ - Business & Finance

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>> No.15785609 [DELETED]  [View]
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15785609

>>15785404
Here's the breakdown from the 10Q for the quarter you highlighted. In that quarter, $326 million--roughly 2/3--of that $487 million is from commissions. You quoted an estimate earlier that eliminating commissions would cost them $220-$240 million in quarterly revenue. Assuming they would have before today expected similar revenue as the example ($487m), that leaves a difference of roughly $80-100 million. This seems like a plausible number given that (1) they are not eliminating commissions entirely, (2) they may have other plans to grow revenue in this category (3) the quoted cost to revenue was from overall gross revenue, and they may grow revenue in other categories.

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