Robinhood Q3 Posts Record Revenue, Stock Price Drops by Over 4%
2026-10-28 04:24:33
CoinMeta Data: Robinhood releases third-quarter financial report, with revenue up 12% year-on-year to a record $1.42 billion. However, the stock price fell by more than 4% in after-hours trading. Earnings per share were $0.51, below analysts' forecast of $0.56. Cryptocurrency revenue decreased by 55% to just $120 million, while the predicted market revenue grew by more than six times to $173 million.
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