Robinhood doubled Q3 revenue to $1.27B and beat earnings expectations with 61 cents per share
Robinhood posted a blowout quarter on Wednesday, pushing Q3 revenue to $1.27 billion, doubling from last year, and crushing analyst forecasts. Wall Street had expected $1.19 billion, but the company overshot, driven by surging crypto trades and higher user engagement. Earnings per share hit 61 cents, up from 17 cents a year ago, and above [...]