Robinhood shares drop 4% after crypto trading revenue falls to $100M
Covered by 5 sources · 5 articles
5 outlets - including Coin-turk, Coinotag and Cryptotimes and 2 more - are covering this story. 🔴 Coinbase shares tumble 7% after missing Q2 revenue expectations. 📉 Trading revenue fell 21% year-over-year, while $USDC income remained strong. 🌐 Subscription and service revenues declined for the third consecutive quarter. 📊 The cryp…
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Coinbase misses Q2 expectations as trading revenue falls 21%, shares drop 7%
🔴 Coinbase shares tumble 7% after missing Q2 revenue expectations. 📉 Trading revenue fell 21% year-over-year, while $USDC income remained strong. 🌐 Subscription and service revenues declined for the third consecutive quarter. 📊 The cryp…
Bitcoin Trading Revenue at Robinhood Falls 38% to $100M
Crypto News Bitcoin (BTC) retail flow at Robinhood weakened during the second quarter, with crypto transaction revenue declining 38% from the prior year to $100 million, the company’s investor-rela...
Robinhood Q2 Revenue Hits Record $1.31B as Crypto Revenue Falls 38% to $100M
Total net revenues rose 32% year-over-year, but crypto was the only major transaction line to shrink, even as Robinhood pushed deeper into on-chain products with its Robinhood Chain mainnet launch.
Robinhood Stock Slides 4% After Crypto Revenue Falls to $100M
Robinhood shares moved lower after the brokerage reported weaker crypto trading revenue, even as second-quarter revenue and earnings reached record levels. Ad Ad Robinhood Beats Earnings Estimates Robinhood reported total net revenue of $1.…
Robinhood shares drop 4% after crypto trading revenue falls to $100M
Robinhood stock fell 3% after hours despite record quarterly revenue and earnings as crypto trading revenue declined 38% to $100 million.