Economy Country 2025-11-06T13:07:48+00:00

Robin Hood Reports Earnings and Revenue Beating Expectations

Robin Hood reported $0.61 in EPS and $1.27B in Q3 revenue, beating analyst estimates. Growth was driven by a significant increase in cryptocurrency revenues.


Robin Hood Reports Earnings and Revenue Beating Expectations

Robin Hood reported earnings and revenue that beat analysts' expectations. The company earned $0.61 per share in the third quarter, compared to the Wall Street estimate of $0.53. The increase in transaction-based revenue was driven by cryptocurrency revenues, which rose more than 300%. Total net revenue was $1.27 billion, up 100% from the previous year and exceeding the $1.2 billion forecast. Revenue from stocks also increased by 132%. In a statement on Wednesday, CEO Vlad Tenev said: 'The pace of development...'