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Robinhood climbs after reporting record earnings for first quarter
HOODRobinhood(HOOD) CNBC·2024-05-08 20:09

Shares of Robinhood rose in extended trading Thursday afternoon after the retail brokerage announced stronger-than-expected first-quarter results.Robinhood reported 18 cents in earnings per share on $618 million of revenue. Analysts surveyed by LSEG were expecting the company to earn just 6 cents per share on $549 million in revenue.The company said the earnings and revenue numbers were both records for the firm. The stock jumped more than 4% in after hours trading.Robinhood surged in popularity during the ...