Robinhood (HOOD) Tops Q4 EPS by 4c, Revenues Miss

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Robinhood Reports Fourth Quarter and Full Year 2022 Results

February 8, 2023 4:05 PM EST

Robinhood Co-Founders cancel nearly $500M of their share-based compensationBoard of Directors authorizes Robinhood to pursue purchasing its shares thatEmergent Fidelity Technologies Ltd. bought in May 2022

MENLO PARK, Calif., Feb. 08, 2023 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (Robinhood) (NASDAQ: HOOD) today announced financial results for the fourth quarter and full year of 2022, which ended December 31, 2022.

Fourth Quarter Results:

Total net revenues increased 5% sequentially to $380 million.Transaction-based revenues... More