Robinhood beats Q1 estimates despite revenue, crypto trading dip
Trading platform Robinhood has still managed to beat Wall Street estimates as its first-quarter revenues fell and its crypto trading volume cooled from a record high in Q4.Robinhood’s Q1 results shared on April 30 show revenues fell 8.6% from the previous quarter to $927 million, topping Zacks analyst estimates by 3.16%.The company’s crypto revenue plummeted nearly 30% quarter-on-quarter to $252 million from the fir…
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