Lates News

Internet-famous brokerage firm Robinhood reported a net revenue of $1.27 billion in the third quarter, exceeding analysts' expectations of $1.21 billion. Cryptocurrency revenue in the third quarter was $268 million, lower than analysts' expectations of $287.2 million. Adjusted EBIT for the third quarter was $742 million, surpassing analysts' expectations of $726.9 million. Average revenue per user (ARPU) in the third quarter was $191, higher than analysts' expectations of $182.