Robinhood Q2 Earnings Beat Expectations as Crypto Volumes Climb and Bitstamp Deal Pays Off
Main Idea
The browser verification process was unsuccessful.
Key Points
1. The browser verification failed.
Description
Robinhood (HOOD) on Wednesday reported a 98% year-over-year jump in second-quarter crypto trading revenue, while easily beating Wall Street's earnings estimates as the company’s crypto ambitions and international expansion began to take shape. The popular trading platform posted net revenue of $160 million for crypto, up from $81 million in the same period last year. Adjusted earnings per share (EPS) came in at $0.42, topping the consensus estimate of $0.31 and doubling from a year ago. Overall ...
Latest News
- Crypto Hackers Capitalize on ETH Surge, Offloading $72M This Week2025-08-15 14:28:24
- Hyperbeat Secures $5.2M Backing From ether.Fi, Electric Capital2025-08-15 13:40:10
- BONK Holds Key Support After Heavy Selling Hits Solana Meme Token2025-08-15 13:35:33
- CoinDesk 20 Performance Update: Avalanche (AVAX) Gains 3.4% as Index Trades Higher2025-08-15 13:32:14
- Circle to Offer 10 Million Class A Shares at $130 Each2025-08-15 10:00:47