Robinhood Reports $4.47B Record Annual Revenue, but Q4 Profits Slide 34%

Robinhood posted Q4 gross of $1.28 billion, up 27% year‑over‑year but shy of Wall Street’s $1.34 cardinal forecast. Net income fell 34% to $605 million, mostly owed to a taxation proviso versus past year’s taxation credit. Mixed Results successful Q4 Despite Robust Revenue Growth Robinhood Markets Inc. reported a 27% summation successful fourth-quarter revenue, reaching […]