NEUTRAL 45 Decrypt 1H ago · 1 min read 1 read

Robinhood Misses Q3 Earnings as Crypto Revenue Rises and Prediction Market Bets Grow

AI summary

Robinhood reported record revenue of $1.42 billion in Q3 but earnings of $0.51 per share fell short of the $0.55 consensus estimate. Prediction market bets on sports and elections grew to $173 million while crypto revenue edged higher. The earnings miss tempers the record top line, a mixed signal for a retail brokerage whose crypto and prediction-market exposure traders watch as a gauge of retail risk appetite.

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1 linked story · 2 outlets · since 27 Oct

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Robinhood Misses Q3 Earnings as Crypto Revenue Rises and Prediction Market Bets Grow

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2H AGO

Robinhood stock falls after Q3 earnings miss despite crypto revenue beat

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