Robinhood’s crypto revenue visibly declined in 2023

2023-8-3 17:20

Robinhood Q2 results showed a profit for the first time since going public, but crypto revenue declined in the same quarter. Robinhood’s revenue from cryptocurrency transactions fell 18% to $31 million, according to a quarterly report released on Aug. 2.…

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revenue robinhood declined crypto transactions cryptocurrency million

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Источник: btcmanager.com

revenue robinhood → Результатов: 47

Robinhood eyes European expansion amid Q3 revenue drop

Robinhood attributed the decline in its transaction-based revenue to reduced cryptocurrency trading volumes on the platform.

2023-11-8 13:15	Cryptocurrencies
revenue robinhood transaction-based decline reduced platform volumes

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Robinhood Shares Plunge as Crypto Revenue Nosedives

Despite achieving its first profitable quarter since its IPO, Robinhood, the online brokerage giant, is facing significant headwinds as shares plunged 9.3% following a reported decline in monthly active users

2023-8-3 18:05
robinhood shares plunged headwinds significant following facing

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Robinhood turns profitable for the first time since going public

Despite recording a profit, Robinhood recorded a fall of 18% in its crypto trading revenue in Q2. In June, Robinhood discontinued support for all tokens identified as securities by the SEC.

2023-8-3 11:30	News
robinhood june discontinued revenue trading support tokens

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Robinhood reports an 18% sequential decline in its second-quarter crypto trading revenue

Robinhood Markets reported its Q2 financial results on Wednesday. Mizuho analyst Dan Dolev sees upside in “HOOD” to $14 per share. Robinhood stock lost roughly 8. 0% in after-hours trading today.

2023-8-3 00:36	Stocks
robinhood trading hood dolev sees upside per

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Robinhood turns profitable in Q2, but crypto revenue declines

Robinhood achieved profitability for the first time since becoming a public company in the second quarter of 2023. Its crypto revenue, however, continues to decline.

2023-8-3 00:34	Cryptocurrencies
robinhood crypto revenue decline second quarter company

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Robinhood Crypto Revenue Fell 18% Sequentially to $31M in Q2

The online trading platform reported second-quarter earnings after the close on Wednesday.

2023-8-3 23:18
second-quarter reported platform trading earnings wednesday close

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Robinhood Acquires Credit Card Startup X1, Will Its Crypto Trading Volume Be Improved?

Robinhood, a well-known cryptocurrency and stock trading website, plans to expand its products significantly. It intends to acquire X1, a credit card company. This $95 million decision promises to provide the company with an extra revenue stream and strengthen its existing user base.

2023-6-24 05:00
trading company credit robinhood card promises provide

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Robinhood acquires credit card startup X1

Robinhood has seen some decline in monthly active users. Its crypto trading business revenue has also declined following the recent crypto price decline. The X1 acquisition will help Robinhood diversify and broaden its product offerings to entice a larger market.

2023-6-23 10:10	Robinhood
robinhood decline crypto recent price acquisition help

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Robinhood's Crypto Revenue Down 30% Year-Over-Year in Q1

The trading platform also reported holding around $11.5 billion worth of crypto in assets under custody, an increase of 36% compared to the figure of $8.4 billion for Q4 2022.

2023-5-11 17:22
billion crypto custody assets increase under figure

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Robinhood Reports Q1 2023 Figures, Sees Revenue Surge 47% with Higher Net Loss of 30%

Coinspeaker Robinhood Reports Q1 2023 Figures, Sees Revenue Surge 47% with Higher Net Loss of 30% Robinhood CEO Vlad Tenev said the trading app will continue to "deliver strong financial performance" following Q1 2023 report.

2023-5-11 13:33
2023 robinhood higher loss figures sees reports

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Robinhood Revenue Beats Estimates But Crypto Trading Revenue Slides 30%

Popular trading platform Robinhood has released its quarterly revenue report with better-than-estimated figures. The post Robinhood Revenue Beats Estimates But Crypto Trading Revenue Slides 30% appeared first on BeInCrypto.

2023-5-11 11:45
revenue trading robinhood crypto slides beats estimates

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Robinhood’s net revenue quadruples amid tight rate hikes

The US Federal Reserve (Fed) has been raising its interest rates for the tenth consecutive time since March 2022. According to Reuters, the rate hikes favor the US-based brokerage platform Robinhood.

2023-5-11 10:49	Robinhood
rate fed hikes robinhood reuters favor 2022

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Robinhood’s Q1 crypto revenue drops 30% from the previous year

The trading app’s crypto business brought in $38 million over the first quarter of 2023, down from $54 million in Q1 2022.

2023-5-11 02:24
million crypto brought business 2023 2022 down

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Robinhood saw $38M in crypto transaction revenue in Q1 2023

Stock and crypto trading platform Robinhood published its Q1 2023 results on May 10. The company said that its cryptocurrency transaction revenues fell 1% sequentially to $38 million, even as overall transaction revenue increased by 11%.

2023-5-11 01:11	trading
transaction 2023 robinhood revenue crypto cryptocurrency fell

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Robinhood Records 25% Loss In Crypto Revenue For Q4

The crypto market witnessed several declines in 2022, resulting from market forces, regulatory uncertainty, and decreased demand for cryptocurrencies, particularly Bitcoin. These events led to a drop in the prices of many popular cryptocurrencies, with some coins losing a significant portion of their value.

2023-2-11 09:01
market crypto cryptocurrencies drop prices led these

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Robinhood Misses Earnings and Revenue Expectations in Q4 Report

Robinhood published its financial results for Q4 and the full year of 2022, revealing it had missed its earnings and revenue expectations. The post Robinhood Misses Earnings and Revenue Expectations in Q4 Report appeared first on BeInCrypto.

2023-2-9 09:20
expectations robinhood revenue earnings misses report had

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Robinhood saw crypto transaction revenue fall by 24% in Q4 2022

Trading app company Robinhood reported various cryptocurrency-related trends in its quarterly and full-year report published on February 8. The post Robinhood saw crypto transaction revenue fall by 24% in Q4 2022 appeared first on CryptoSlate.

2023-2-9 00:55	trading
robinhood 2022 saw crypto transaction fall revenue

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Robinhood’s Crypto Revenue Declined 24% to $39M in Q4

The online trading broker overall missed both earnings and revenues estimates for the quarter.

2023-2-9 00:40	Business
both missed earnings overall quarter estimates revenues

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Citi Downgrades Robinhood, Says FTX Fallout Will Weigh on Crypto Trading Revenue

The bank downgraded the trading platform to neutral from buy, with a lowered price target of $10.

2022-12-14 15:31	Markets
trading buy neutral platform lowered price downgraded

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Robinhood’s Crypto Revenue Fell 12% in Q3

Robinhood saw reduced crypto transaction revenue in Q3 despite posting lower-than-expected losses overall. Robinhood Crypto Revenue Falls to $51M Robinhood’s crypto transaction revenue is down. According to a press release,...

2022-11-3 01:16	Robinhood
robinhood revenue crypto transaction 51m according release

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Robinhood’s Crypto Revenue Declined 12% to $51 Million in Q3

The popular no-fee trading app’s monthly average users fell to 12.1 million as customers navigated a “volatile market environment.”

2022-11-3 23:24	Business
million fell users monthly average navigated environment

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‘This is on me’ — Robinhood CEO to lay off 23% of staff after Q2 loss

The online retail broker blamed the economy for a decline in user numbers and net revenue that fell 44% year-on-year, although revenue from crypto rose moderately this quarter.

2022-8-3 04:03
revenue numbers user decline fell rose moderately

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Grayscale’s GBTC and ETHE products now available on Robinhood

The discount brokerage has seen a steep decline in crypto-related revenue over the past 12 months as retail traders exited the market.

2022-5-7 19:30	Grayscale
past revenue crypto-related months exited market traders

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Robinhood makes significant strides in crypto business in Q1 despite falling revenue

The popular discount brokerage listed four trending tokens in Q1 2022.

2022-4-30 18:15	Investments
popular discount brokerage 2022 trending four listed

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Robinhood Records "Revenue Depletion, Fewer Active Users in Q1, 2022"; Will SHIB Listing Help?

Robinhood reports decline in revenue and active users

2022-4-29 16:01
robinhood users active revenue help listing reports

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Robinhood's Q1 Crypto Revenue Rises Slightly From Previous Quarter

The company's quarterly revenue from cryptocurrency trading increased about $6 million to $54 million.

2022-4-29 23:19	Business
revenue million trading cryptocurrency increased quarterly rises

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Brushing Off Shiba Inu May Have Just Cost Robinhood Millions In Crypto Revenue

Robinhood posted a loss on its crypto revenue in Q4 of 2021, further exacerbating losses occasioned in the third quarter. According to a Thursday earnings report, the trading firm posted $48 million crypto income in Q4 of 2021, which is a 6% decline from the previous quarter, and a step further from a projected revenue […]

2022-1-30 22:47	SHIBUSD
revenue crypto 2021 quarter further posted robinhood

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Robinhood Stock Down by 70% Since August, Crypto Revenue Tanks

Shares of Robinhood (HOOD) have dropped by 70% over the past four months. The company has suffered both reputation hits and revenue drops in Q3, which could be behind the drop in valuation. The post Robinhood Stock Down by 70% Since August, Crypto Revenue Tanks appeared first on BeInCrypto.

2021-12-1 12:49
robinhood revenue tanks down crypto august stock

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Robinhood’s Crypto Activity Drops 78%, Stock Tanks Below IPO

Robinhood had a net loss of $1. 32 billion this past quarter, recording a plunge of 78% in revenue from crypto transactions from 2Q. Their shares dropped 12% to $34. 80 at 9:46 a. m. in New York, $38 below the IPO price in late July, Bloomberg reported.

2021-10-28 03:22	Robinhood
ipo robinhood below crypto bloomberg reported dropped

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Robinhood’s Crypto Revenue Drops 78% in Q3 Due to Floundering DOGE, But New Coins like SHIB Not Coming until Regulatory Clarity

Robinhood Chief Financial Officer said they are “incredibly optimistic about crypto. ” While customers want more coins and the ability to earn interest through lending or staking, they’re not going “to be the first mover” in this regulatory environment.

2021-10-27 17:43	Robinhood
robinhood crypto coins regulatory ability earn interest

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Robinhood Crypto Revenue Drops to $51M in Q3 from $233M in Q2

Robinhood share prices tanked as its third-quarter financial results showed a drop from $233 million to $51 million in crypto revenue. The post Robinhood Crypto Revenue Drops to $51M in Q3 from $233M in Q2 appeared first on BeInCrypto.

2021-10-27 12:26
robinhood crypto revenue million 233m drops 51m

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Robinhood Cites Regulatory Actions or Policies Towards Crypto as Business Risk in Filing

The firm said crypto trades made up a 41% share of its revenue in the Q2, and it was a “record period” for crypto trading on Robinhood but warned that level “may not occur in the future.” The post Robinhood Cites Regulatory Actions or Policies Towards Crypto as Business Risk in Filing first appeared on BitcoinExchangeGuide.

2021-10-10 17:13	Robinhood
crypto robinhood business filing risk towards regulatory

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Robinhood Is Testing A New Wallet To Allow Users Withdraw Their Cryptocurrencies, Including Dogecoin

Robinhood has grown so much this year thanks to increased interest in Dogecoin. The trading platform recently revealed that crypto trading made up 50% of its revenue for the second quarter of the year.

2021-9-22 02:00
dogecoin trading year robinhood revealed platform made

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Robinhood Shares Tumble as SEC Considers Banning Payment for Trades

Robinhood, the crypto-friendly stock trading app, has been beset by one issue or the other – even before the company was listed on the NASDAQ exchange. The company appears to be in trouble again, with regulators possibly coming for its top revenue generator.

2021-8-31 17:51	Robinhood
robinhood company appears nasdaq listed exchange again

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How the Shiba Inu frenzy meant big growth for Robinhood

Crypto transactions accounted for more than 41% of Robinhood’s total revenue in the second quarter, compared to 17% for the first three months of 2021, revealed the investing platform’s first earnings report since its recent stock market debut.

2021-8-20 04:00	DOGEUSD
robinhood 2021 revealed three investing months report

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Over 60% of Robinhood Clients Traded Crypto for the First Time in Q2

Robinhood is currently making more money from crypto trading than equities and options combined. While crypto revenue surged 4,560% from a year earlier, transaction revenue from equity was down 26.

2021-8-19 18:56	Robinhood
crypto robinhood revenue combined equities surged options

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Robinhood Stock Dips After Crypto Boom Warning

Robinhood stock took a dip after the company warned investors of a short-lived revenue surge due to the crypto boom. The post Robinhood Stock Dips After Crypto Boom Warning appeared first on BeInCrypto.

2021-8-19 13:18
robinhood crypto boom stock warning dips due

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Dogecoin Remains Robinhood's Bread and Butter

Dogecoin trading accounted for more than a quarter of Robinhood’s total transaction-based revenue in the second quarter

2021-8-19 08:25
quarter robinhood dogecoin total transaction-based second revenue

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Robinhood Warns of a Slowdown in Revenue and New Clients’ Growth Due to Cryptocurrency and Seasonality

The popular stock trading app is seeking a market valuation of as much as $35 billion in its upcoming IPO and will attempt to sell its shares at a range of $38-$42 per share. On FTX, “HOOD” is currently trading just under $44, down from above $120 in late March.

2021-7-21 21:59	Robinhood
trading per share range sell shares 38-

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Crypto price drop will negatively impact Q3 revenue, says Robinhood

Robinhood is one of the more popular stock and crypto exchanges out there, and earlier this year, it saw very high trading volume. However, with the situation regarding crypto prices changing in Q2, the company has warned that its quarterly revenue is likely to be significantly lower than before.

2021-7-21 14:19	Cryptocurrency
crypto robinhood revenue changing company prices regarding

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Robinhood warns a crypto revenue drop is coming amid IPO filing

According to the trading app, it expects its Q3 2021 revenue to be lower as a result of increased crypto trading in the first quarter, driven in part by Dogecoin.

2021-7-19 19:10	trading
trading crypto revenue result lower dogecoin part

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Robinhood’s cash cow under SEC scrutiny amid IPO filing

Robinhood’s main revenue source for the first quarter of 2021 could come under SEC review.

2021-7-7 15:39
under robinhood sec source revenue main come

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Robinhood drew 34% of crypto revenue from being ‘overexposed’ to Dogecoin (DOGE)

Commission-free trading platform Robinhood reveals it relies heavily on Dogecoin. The post Robinhood drew 34% of crypto revenue from being ‘overexposed’ to Dogecoin (DOGE) appeared first on CryptoSlate.

2021-7-4 17:00	DOGEUSD
dogecoin robinhood overexposed doge being drew crypto

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Robinhood: Business & Financial Condition ‘Could Be Adversely Affected’ if Demand for DOGE Declines

34% of free-trading app’s revenue came just from DOGE, revealed Robinhood, whose crypto under custody soared by 23x in Q1 as 9.5 million customers traded $88 billion worth cryptocurrencies. The post Robinhood: Business & Financial Condition ‘Could Be Adversely Affected’ if Demand for DOGE Declines first appeared on BitcoinExchangeGuide.

2021-7-2 17:35	Robinhood
doge robinhood declines affected demand financial adversely

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Robinhood IPO Filing Reveals $88 Billion in Cryptocurrency Trading, Dogecoin 34% of Crypto Revenue

Robinhood’s IPO prospectus shows that 9. 5 million customers traded $88 billion of cryptocurrency on its platform in Q1 and the company held approximately $12 billion in crypto assets under custody, a 23-fold increase from last year.

2021-7-2 16:30
billion cryptocurrency crypto robinhood ipo approximately held

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Robinhood Files for IPO, Says Dogecoin Accounts for "Substantial Portion" of Its Crypto-Related Revenue

Robinhood is finally going public

2021-7-1 20:29
robinhood revenue crypto-related finally public going portion

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Robinhood Crytpo Trading Platform Looks to Add Banking Products and Services with Charter Application

Robinhood Applies In US For Bank Charter To Add Traditional Financial Services To Crypto Platform Enticing institutional investors has been the goal of the crypto industry for the last two years, hoping to bring in some of that revenue to get out of the bear market.

2019-4-24 00:50	Robinhood
charter crypto robinhood services platform add bring

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Robinhood Revenue Data Insights Reveal High-Speed Traders Account for Nearly Half

Robinhood Gets Almost Half its Revenue Selling User Order Data To High-Speed Traders The popular and commission-free cryptocurrency trading application is reportedly making almost half of its revenue selling users’ order data to high-speed traders.

2018-10-17 22:29	News
robinhood half traders high-speed revenue data order

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Robinhood lists Dogwifhat meme coin

Robinhood extended its support to big meme coins by listing the popular canine-theme token Dogwifhat.

First Mover Americas: Bitcoin Hits New Highs as ETF Options Traders Go Degen

The latest price moves in bitcoin (BTC) and crypto markets in context for November 20, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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PEPE surges 42% on Coinbase and Robinhood listing

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Crypto Pays Off: Robinhood Posts 165% Revenue Growth In Q3 Earnings Report

Robinhood, a popular American financial services company, is finally out of the woods. In its third-quarter filing ending September 30th, 2024, the company disclosed its revenues were up by 165%, and its overall year-to-date (YTD) net deposits increased to $34 million.

Robinhood introduces speculation on US presidential election outcome

Robinhood now offers contracts for users to bet on the 2024 US election outcome. Eligible US citizens can buy “Yes” contracts and settle after the January certification. Competitors like Kalshi and Polymarket offer similar high-demand prediction markets.

Robinhood challenges Polymarket with election-linked contracts for US presidential race

Robinhood is broadening its offerings to attract more users by introducing investment contracts linked to the outcome of the November US Presidential election, according to an Oct. 28 statement. Event-based derivatives trading allows investors to speculate on specific occurrences, such as election outcomes or economic policy announcements, without purchasing related assets.

2023-8-3 17:20

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