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Robinhood (HOOD) Tops Q1 EPS by 5c; Revenues Beat

May 10, 2023 4:07 PM EDT

Robinhood (NASDAQ: HOOD) reported Q1 EPS of ($0.57), $0.05 better than the analyst estimate of ($0.62). Revenue for the quarter came in at $441 million versus the consensus estimate of $426.76 million.

Transaction-based revenues increased 11% sequentially to $207 million.

  • Options increased 7% to $133 million.
  • Cryptocurrencies decreased 1% to $38 million.
  • Equities increased 29% to $27 million

Net Cumulative Funded Accounts increased 120 thousand sequentially to 23.1 million.
Monthly Active Users (MAU) increased 0.4 million sequentially to 11.8 million.

For earnings history and earnings-related data on Robinhood (HOOD) click here.



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