Robinhoods Q1 Crypto Revenue Takes A Hit Drops 30 Year Over Year
First quarter results are in
Robinhood Rides Crypto Rebound to Beat Q1 Estimates
Robinhood's Q1 crypto revenue drops 30% from the previous year
First quarter results are in for cryptocurrency and stock trading app Robinhood (NASDAQ: HOOD), with the company reporting a 30% year-on-year revenue drop
What happened
What happened: The commission-free trading platform released its quarterly financials after Wednesday’s market close and disclosed a cryptocurrency notional trading
Robinhood’s Q1 Crypto Revenue Projected to Decline After
Robinhood beats Q1 estimates despite revenue, crypto trading dip
JPMorgan analyst Kenneth Worthington predicts
JPMorgan analyst Kenneth Worthington predicts a decline in Robinhood’s (HOOD) cryptocurrency trading revenue for Q1 2025, following a record 700% increase in Q4
Robinhood's Q1 Crypto Revenue Takes a Hit, Drops 30% Year
Robinhood's revenue jumped 50% in the first quarter, driven by surging crypto activity, as the trading app beat Wall Street estimates. The retail brokerage posted $927
Robinhood
Robinhood’s Q1 results shared on April 30 show revenues fell 8.6% from the previous quarter to $927 million, topping Zacks analyst estimates by 3.16%. The company’s
Robinhood, the popular trading app, reports a significant decline of 30% in its Q1 crypto trading revenue compared to the previous year. While overall revenue increased, the drop in crypto earnings aligns with the broader market trend.
Robinhood's 30% Crypto Revenue Plunge: Vlad Tenev Looking To
Data reveals that in the
Robinhood’s Q1 crypto revenue drops 30% from the
Robinhood's Crypto Revenue Takes a Plunge: Q1 Results Show a
Data reveals that in the first quarter, cryptocurrency trading revenue dropped just by 1%. In Q1, Robinhood reported crypto trading revenue of $38 million, which