Robinhood Crypto Revenue Tops Estimates Despite 38% Drop, How Will Stock React?

AI Summary Robinhood outperformed Wall Street expectations after reporting $100 million in second-quarter crypto transaction revenue, beating the $86.6 million consensus estimate despite a sharp 38% year-over-year decline. The earnings highlight a changing business model where strong growth in prediction markets, equities, and subscriptions is helping offset weaker cryptocurrency trading. Robinhood Beats Crypto Revenue Estimates as Diversification The post Robinhood Crypto Revenue Tops Estimates Despite 38% Drop, How Will Stock React? appeared first on BeInCrypto . fulltext: 560 chars | fulltext source: rss-fallback | summary method: extractive Original: https://beincrypto.com/robinhood-earnings-crypto-revenue-estimates/ Source: BeInCrypto