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Q3 2024 Earnings Call Oct 30, 2024, 5:00 p.m. ET. ... and thank you to everyone for joining Robinhood's Q3 earnings call. With us today are CEO and co-founder Vlad Tenev and CFO Jason Warnick ...
The company's revenue comes from transaction-based revenues (including payment for order flow and markups on cryptocurrency; 50% of Q3 2024 revenues), net interest income (primarily from margin lending, interest earned on customers' cash balances, and credit cards; 43% of Q3 2024 revenues), and subscription fees (7% of Q3 2024 revenues).
Robinhood's assets under custody (AUC) breached the $100 billion mark for the second consecutive month in February with the company reporting a surprise profit in the final quarter of 2023 and ...
The same day it released its second-quarter earnings results, the company announced it had laid off more than 1,000 employees after shuttering two offices earlier this year.
(Reuters) -Robinhood Markets missed Wall Street estimates for third-quarter revenue on Tuesday, weighed by a slowdown in trading activity, sending shares of the online brokerage down more than 9% ...
During that year, Robinhood stock jumped 192.5%, according to data from S&P Global Market Intelligence. The company has done a good job diversifying its offerings and attracting more investors to ...
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