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Benzinga
Benzinga
Business
Chris Katje

Robinhood Q1 Earnings Highlights: EPS And Revenue Miss, Monthly Active Users Fall, Company Remains Optimistic Of New Features

Robinhood HOOD Nasdaq Robinhood Markets

Robinhood Markets (NASDAQ:HOOD) reported first-quarter financial results after market close Thursday. Here are the key highlights for investors.

What Happened: Robinhood reported first-quarter revenue of $299 million, down 43% year-over-year. The total missed a consensus estimate of $355.8 million according to Benzinga Pro; Company guidance for the first quarter was $340 million.

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