Post
taishiro
Robinhood Q3 Profit Falls as Crypto Slump Outweighs Record Revenue and Prediction Market Surge
Robinhood just reported record Q3 revenue of $1.42B, up 12% year over year. Yet net income fell 14% to $476M, while earnings per share came in below Wall Street expectations.
The biggest drag was crypto. Transaction revenue from digital assets dropped 55% to $120M, showing how much trading activity still depends on market conditions.
But there is another side to the story
#RobinhoodQ3ProfitFalls
Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more
Replies
No comments yet. Be the first to reply!
Trending crypto
BTC/USDTBitcoin
$73,874.1+0.01%
ETH/USDTEthereum
$2,066.82+0.02%
SOL/USDTSolana
$83.17+0.01%
Today’s market buzz
1#After the US October CPI exceeded expectations, AI stocks and crypto trends diverged
2#Goldman Sachs predicts Anthropic's revenue will exceed $600 billion by 2030
3#NebiusAI cloud business rapid growth faces earnings report test
