Robinhood (HOOD) Tops Q2 EPS by 6c

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Go back to Robinhood (HOOD) Tops Q2 EPS by 6c

Robinhood Reports Second Quarter 2024 Results

August 7, 2024 4:05 PM EDT

Record Revenues of $682 million, up 40% year-over-year

Record GAAP Diluted EPS of $0.21, up $0.18 year-over-year

Record Net Deposits of $13.2 billion, an annualized growth rate of 41%

MENLO PARK, Calif., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Robinhood Markets, Inc. (Robinhood) (NASDAQ: HOOD) today announced financial results for the second quarter of 2024, which ended June 30, 2024.

This quarter, we kept up the pace with rapid product launches and a relentless drive to provide top value for our customers, said Vlad Tenev,... More