Robinhood (HOOD) Tops Q4 EPS by 4c, Beats on Revenue; Offers Guidance

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Robinhood Reports Fourth Quarter and Full Year 2023 Results

February 13, 2024 4:04 PM EST

2023 Record Revenues of $1.9 billion, up 37% year-over-year, including $471 million in Q4

Net positive transfers from every major brokerage competitor fuels strong Net Deposits
of $4.6 billion in Q4

Q4 GAAP net income of $30 million, or $0.03 per share, and Adjusted EBITDA of $133 million

MENLO PARK, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (Robinhood) (NASDAQ: HOOD) today announced financial results for the fourth quarter and full year 2023, which ended December 31, 2023.

2023 was a... More