While earnings met expectations, revenue came in slightly below Wall Street forecasts of $1.35 billion, News.Az reports, citing foreign media.
Following the announcement, Robinhood’s stock declined in after-hours trading on Tuesday as investors reacted to the revenue shortfall.
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On Market Domination Overtime, host Josh Lipton analyzed the earnings release in more detail, with particular attention on the company’s crypto-related revenue and its role in overall performance.
