Robinhood doubles its revenue as customers flock to Prediction Markets, other new businesses

Core Insights - Robinhood reported third-quarter earnings with revenue of $1.27 billion, which represents a year-on-year increase of 100% [1] - The company achieved a profit of 61 cents per share, marking a 259% increase compared to the previous year [1] Financial Performance - Revenue doubled year on year to $1.27 billion [1] - Profit per share increased to 61 cents, up 259% from last year [1]