Robinhood jumps past Q1 expectations for crypto revenue
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Robinhood Markets (HOOD) posted its first quarter report, revealing $618 million in revenue, beating expectations of $546.8 million. The company's cryptocurrency revenue for the quarter was $126 million, which helped drive transaction-based revenues up 59% year-over-year.
Yahoo Finance Reporter Jared Blikre joins Market Domination Overtime to break down the numbers in Robinhood's quarterly report.
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This post was written by Nicholas Jacobino