Robinhood shares fall 4% as crypto slump weighs on profits, offsetting gains in new businesses

Robinhood's third-quarter revenue met expectations, fueled by the company's expansion into options, predictions markets and other financial services.

Covered by 5 publishers within 3 hours of the first report.

Summary from CNBC.

Reporting5

CD CoinDesk Robinhood's crypto revenue fell 55% from last year, but topped Street forecasts · Helene Braun 4:32 PM

DE Decrypt Robinhood Misses Q3 Earnings as Crypto Revenue Rises and Prediction Market Bets Grow · Jose Antonio Lanz 4:42 PM

TB The Block Robinhood Chain brings in $26 million as crypto revenue rises 20% in Q3 · Kyle Baird 4:55 PM

CN CNBC Robinhood shares fall 4% as crypto slump weighs on profits, offsetting gains in new businesses 5:07 PM

PY PYMNTS Robinhood Looks Beyond Crypto to Banking and Agentic Trading · PYMNTS 7:34 PM

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Topics Crypto