Robinhood Q3 Highlights: Double Beat, Record Revenue, Prediction Markets Soar
Trading platform company Robinhood Markets (NASDAQ:HOOD) reported third-quarter financial results on Wednesday after market close. • Get the complete HOOD stock picture here.Here are the key highlights.Q3 Results: Robinhood reported third-quarter revenue of $1.27 billion, up 100% year-over-year. The total revenue beat a Street consensus estimate of $1.19 billion, according to data from Benzinga Pro. This also marked a company quarterly record for revenue.Transaction-based revenue was $730 million for the qu ...