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Robinhood Revenue Hits $1B As Crypto Trading Surges 700%: Report

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Summary
Nutrition label

83% Informative

Robinhood 's revenue surged to $ 1.01B in Q4 , beating Wall Street's $ 940.8 M estimate.

Crypto revenue jumped 700% to $358M, driving Robinhood ’s strong earnings growth.

Robinhood reported its fifth consecutive profitable quarter with $916M net income.

Total crypto trading volume reached $ 70B , marking a 400% increase from the previous quarter .

VR Score

82

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82

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44

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formal

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English

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51

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short-lived

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