Post
young prince
#RobinhoodQ3 revenue growth, net profit decline Folks, Robinhood's earnings report is quite interesting, a typical case of "when one door closes, another opens," but looking deeper, it's all the retail investors' blood and tears.
First, looking at the big numbers, revenue hit a new high at $1.424 billion, but net profit dropped 14%, missing expectations. Where's the problem? Look at crypto trading revenue, which plummeted 55% year-over-year, down to only $120 million.
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
$63,625.8-0.03%
ETH/USDTEthereum
$1,749.62-0.05%
SOL/USDTSolana
$69.73-0.06%
Today’s market buzz
1#WhoIsNextNvidiaCEO
2#USPPIBelowForecasts
3#AnthropicIPOOrderDemand
