Robinhood Q3 Crypto Revenue Surges 300% to $268M, Beating Estimates

Robinhood reported third-quarter results on November 6, with cryptocurrency revenue jumping 300% year-over-year to $268 million, according to the company's earnings release. Total revenue reached $1.27 billion, surpassing analyst expectations of $1.19 billion. Earnings per share came in at $0.61, above the anticipated $0.53.