Get all your news in one place.
100's of premium titles.
One app.
Start reading
Zenger
Zenger
Chris Katje

EXPLAINED: Robinhood beats revenue estimates reports q2 profitability | Vintage Vibes

The Robinhood Markets, Inc. logo is displayed on a smartphone screen in this photo illustration. Robinhood reported second-quarter revenue of $486 million, which was up 53% year-over-year and up 10% quarter-over-quarter. The revenue total beat a Street estimate of $475 million,  RAFAEL HENRIQUE/SOPA IMAGES/LIGHTROCKET/GETTY IMAGES

Stock and crypto trading platform company Robinhood Markets Inc reported second-quarter financial results after the market closed on Wednesday.

What Happened: Robinhood reported second-quarter revenue of $486 million, which was up 53% year-over-year and up 10% quarter-over-quarter. The revenue total beat a Street estimate of $475 million. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.