Robinhood (HOOD) Misses Q1 EPS by 9c

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Go back to Robinhood (HOOD) Misses Q1 EPS by 9c

Robinhood Reports First Quarter 2022 Results

April 28, 2022 4:01 PM EDT

MENLO PARK, Calif., April 28, 2022 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (Robinhood) (NASDAQ: HOOD) today announced financial results for the first quarter, which ended March 31, 2022.

Total net revenues decreased 43% to $299 million, compared with $522 million in the first quarter of 2021.Transaction-based revenues decreased 48% to $218 million, compared with $420 million in the first quarter of 2021. Options decreased 36% to $127 million, compared with $198 million in the first quarter of... More