7 November 2023

Robinhood reports Q3 revenue up 29% YoY to $467M, vs. $478.9M est., trading revenue down 11% YoY to $185M, including crypto trading down 55% YoY; HOOD drops 8%+ (Paige Smith/Bloomberg)

Paige Smith / Bloomberg:
Robinhood reports Q3 revenue up 29% YoY to $467M, vs. $478.9M est., trading revenue down 11% YoY to $185M, including crypto trading down 55% YoY; HOOD drops 8%+  —  - Third-quarter crypto notional volumes fell 55% on the year  — Online brokerage plans to launch EU crypto trading in weeks

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