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Robinhood reports Q4 net revenue up 24% YoY to $471M, net interest revenue up 41% YoY to $236M, and net income of $30M, vs. a loss of $166M YoY; HOOD


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2024-02-13 21:32:09
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Cybersecurity Business

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Manya Saini / Reuters:

Robinhood reports Q4 net revenue up 24% YoY to $471M, net interest revenue up 41% YoY to $236M, and net income of $30M, vs. a loss of $166M YoY; HOOD jumps 15%+  —  Robinhood Markets (HOOD.O) posted a rise in fourth-quarter revenue on Tuesday as the online brokerage earned higher interest off customers on loan repayments.




Manya Saini / Reuters:

Robinhood reports Q4 net revenue up 24% YoY to $471M, net interest revenue up 41% YoY to $236M, and net income of $30M, vs. a loss of $166M YoY; HOOD jumps 15%+  —  Robinhood Markets (HOOD.O) posted a rise in fourth-quarter revenue on Tuesday as the online brokerage earned higher interest off customers on loan repayments.



Source: TechMeme
Source Link: http://www.techmeme.com/240213/p31#a240213p31


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