$HOOD reported Q4 revenue of $1.28B (vs. $1.35B est.), up 27% YoY, but missed expectations as #crypto revenue fell 38% YoY to $221M and Net income dropped 33% to $605M. Shares slid 6.5% after-hours to $80, even as transaction revenue rose to $776M and the firm highlighted momentum in #prediction markets and launched its #Ethereum L2 “Robinhood Chain.” #CryptoRecovery $ETH
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
⚡️LATEST: ROBINHOOD SHARES SLIDE 6.5% AS Q4 REVENUE MISSES ESTIMATES AMID #CRYPTO DOWNTURN
$HOOD reported Q4 revenue of $1.28B (vs. $1.35B est.), up 27% YoY, but missed expectations as #crypto revenue fell 38% YoY to $221M and Net income dropped 33% to $605M. Shares slid 6.5% after-hours to $80, even as transaction revenue rose to $776M and the firm highlighted momentum in #prediction markets and launched its #Ethereum L2 “Robinhood Chain.”
#CryptoRecovery
$ETH