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» Robinhood Q3: revenue of $365M, up 35% YoY but missing estimates of $431.5M due to less crypto trading, net loss of $1.32B, up from $11M YoY; stock down 8%+ (Maggie Fitzgerald/CNBC)
Robinhood Q3: revenue of $365M, up 35% YoY but missing estimates of $431.5M due to less crypto trading, net loss of $1.32B, up from $11M YoY; stock down 8%+ (Maggie Fitzgerald/CNBC)
By
Eresh
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October 26, 2021
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http://www.techmeme.com/
Techmeme
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Maggie Fitzgerald / CNBC:
Robinhood Q3: revenue of $365M, up 35% YoY but missing estimates of $431.5M due to less crypto trading, net loss of $1.32B, up from $11M YoY; stock down 8%+ — Stock trading app Robinhood reported a huge revenue miss in the third quarter as cryptocurrency trading dropped off.
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