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TylerD 🧙‍♂️
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Crypto news & analysis | @RugRadio | @fomohour at 10 am | Writing The Morning Minute | Pengu Maxi
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TylerD 🧙‍♂️
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#Thread#
Robinhood Q4 results are in Highlights: -Total net revenue: $1.283B (record but missed estimates, +27% YoY) -GAAP net income: $605M -Diluted EPS: $0.66 (beat estimates) -Total platform assets: $324B (+68% YoY) Crypto specific: -Crypto notional volume: $82.4B in Q4 (+3% QoQ) -Crypto transaction-based revenue: $221M in Q4 (vs $268M in Q3; -18% QoQ) -Management called out prediction markets scaling fast: annualized revenues ~ $435M in Q4 (vs ~ $115M in Q3) HOOD stock down 6% after hours to $80
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