https://www.financemagnates.com//forex/robinhoods-revenue-up-10-in-q2-but-active-users-drop-by-1m/
After
generating a massive net loss of $511 million during the first quarter of the
year, Robinhood has returned a net income of $25 million, according to its
second-quarter results released today (Wednesday). The American commission-free
online trading provider also saw its revenue jump 10% to $486 million during
the recent quarter.Five
Consecutive Quarters of Revenue GrowthDuring the
last quarter…
Robinhood’s Revenue Up 10% in Q2, but Active Users Drop by 1M
Published in Business and Uncategorized
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