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Robinhood reports $1.424 billion in Q3 revenue, pushing for prediction market expansion

Benzinga Prediction Markets +6 · ·by G4L

HOOD Robinhood Markets Inc
$83.32 +2.98%
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  1. 1Robinhood Markets Inc. reported Q3 revenue of $1.424 billion, a 12% increase from the previous year.
  2. 2Robinhood's Q3 event contract revenue of $173 million increased more than sixfold compared to the previous year.
  3. 3Q3 cryptocurrency transaction revenue fell 55% to $120 million.

So what's the key point?

Robinhood Markets Inc. reported Q3 revenue of $1.424 billion, which is a 12% increase from the previous year.

Source Benzinga Prediction Markets +6 · View original ↗

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