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Samyuktha Sriram

Robinhood Records $423M Net Loss In Q4 2021: Here's What Analysts Say May Turn Things Around In 2022

HOOD Robinhood Nasdaq

Popular retail brokerage Robinhood Markets Inc (NASDAQ:HOOD) reported a net loss of $423 million in Q4 2021.

What Happened: Crypto revenue for the last quarter was $48 million – a 6% decline from the previous quarter. Although this number is still a 304% increase year-over-year, it missed a Bloomberg analyst estimate of $55 million.

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