Tech

Robinhood reports Q3 revenue down 1% year-on-year to $361 million, versus estimates of $357.8 million, net loss down 87% year-over-year to $175 million, and MAU down 1.8 million quarter-on-quarter down to 12.2 million by September 2022 (Annie Massa/Bloomberg)



Annie Massa / Bloomberg:

Robinhood reports Q3 revenue down 1% year-on-year to $361 million, versus estimates of $357.8 million, net loss down 87% year-over-year to $175 million, and MAU down 1.8 million quarter-on-quarter down to 12.2 million in September 2022– Robinhood Markets Inc. announced third-quarter revenue that beat analysts’ estimates as transaction-based earnings rose from the previous three-month period.




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