Tag Archives: diversify

Robinhood ‘hulk smashes’ Q2 earnings as push to diversify revenue pays off

Robinhood ‘hulk smashes’ Q2 earnings as push to diversify revenue pays off

The online brokerage Robinhood soared past analysts’ expectations Wednesday when it posted strong financials for the second quarter. It reported a 7% quarter-over-quarter increase in revenue to $989 million, beating the FactSet consensus of almost $915 million. And it reported earnings per share of 42 cents, a beat of analysts’ consensus of 31 cents.  The fintech “hulk smashe[d]” its earnings, …

Read More »