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08 May
Digital Currencies

Robinhood’s (HOOD) First Quarter Crypto Trading Volume Surges as SEC Action Looms

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Robinhood’s (HOOD) First Quarter Crypto Trading Volume Surges as SEC Action Looms

Robinhood’s (HOOD) First Quarter Crypto Trading Volume Surges as SEC Action Looms

Robinhood also handily beat its first-quarter sales and earnings estimates. The company reported $618 million in revenue in the quarter, ahead of analyst estimates of $552.7 million, according to FactSet data. First quarter earnings were $0.18 per share, topping the average analyst expectation of $0.06.