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Robinhood Q3 Earnings: EPS Beat, Revenue Up 29%, MAUs Fall 16% And More

Robinhood Markets Inc (NASDAQ: HOOD) shares are trading lower in Tuesday's after-hours session following the company's third-quarter financial results. Here's a look at the key metrics from the quarter.

  • Q3 Revenue: $467 million missed the estimates of $478.2 million
  • Q3 EPS: 9 cent loss beat estimates for a 10 cent loss

Robinhood said total revenues were up 29% year-over-year. Monthly active users decreased 16% to 10.3 million. Average revenue per user increased 27% to $80.

Total assets under custody increased 34% to $87 billion. Net cumulative funded accounts increased ...

Full story available on Benzinga.com


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