Robinhood Reports Third Quarter 2022 Results

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Robinhood (HOOD) Tops Q3 EPS by 9c

November 2, 2022 4:09 PM EDT

Robinhood (NASDAQ: HOOD) reported Q3 EPS of ($0.20), $0.09 better than the analyst estimate of ($0.29). Revenue for the quarter came in at $361 million versus the consensus estimate of $355.59 million.

Financial Outlook:

As a result of the progress we have made on our cost reduction initiatives, including the reductions in force announced April 26, 2022 (the April 2022 Restructuring) and August 2,... More