Robinhood quarterly revenue rises 12% on event contracts and options

Robinhood's third-quarter revenue rose 12%, reportedly meeting expectations, as event contracts and options offset a crypto slump. Growth came from expansion into options, prediction markets and other financial services.

Timeline

1. 27 Oct, 20:39 UTCCNBC reports Robinhood quarterly revenue rise

Top sources

• Robinhood shares fall 4% as crypto slump weighs on profits, offsetting gains in new businessesCNBC