The post Robinhood Reports $4.47B Record Annual Revenue, but Q4 Profits Slide 34% appeared on BitcoinEthereumNews.com. Robinhood posted Q4 revenue of $1.28 billionThe post Robinhood Reports $4.47B Record Annual Revenue, but Q4 Profits Slide 34% appeared on BitcoinEthereumNews.com. Robinhood posted Q4 revenue of $1.28 billion

Robinhood Reports $4.47B Record Annual Revenue, but Q4 Profits Slide 34%

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Robinhood posted Q4 revenue of $1.28 billion, up 27% year‑over‑year but shy of Wall Street’s $1.34 billion forecast. Net income fell 34% to $605 million, largely due to a tax provision versus last year’s tax credit. Mixed Results in Q4 Despite Robust Revenue Growth Robinhood Markets Inc. reported a 27% increase in fourth-quarter revenue, reaching […]

Source: https://news.bitcoin.com/robinhood-reports-4-47b-record-annual-revenue-but-q4-profits-slide-34/

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