A Surprise Q4 Profit Takes Robinhood (HOOD) Stock Up 15%

Robinhood (NASDAQ:HOOD) stock jumped nearly 15% in after-market trading on Tuesday, Feb. 13 after the company announced better-than-expected Q4 earnings. The financial services platform reported that its quarterly revenue hit $471 million, beating Wall Street expectations of $456.8 million by 3.1%. This represented a 23.9% increase from $380 million in the previous fiscal year.Earnings per share (EPS) also surprised to the upside. The online brokerage notched EPS of 3 cents, beating expectations of a 1-cent ...