"Robinhood's Surging Stock and Revenue Boosted by Crypto Trading"

TL;DR Summary
Robinhood Markets Inc. saw its shares rise as fourth-quarter net revenue jumped 24% from a year earlier to $471 million, surpassing analysts’ estimates of $457 million. The company's deposit growth is outpacing last year's, with net deposits reaching $4.6 billion for the quarter. Additionally, Robinhood's crypto revenue was $43 million, topping estimates for $37 million, and the company expects total operating expenses to be between $1.85 billion and $1.95 billion for this year.
- Robinhood Shares Rise as Revenue Surpasses Analyst Estimates Yahoo Finance
- Robinhood Stock Soars After It Posts Surprise Profit Barron's
- Robinhood Stock Jumps On Surprise Profit Fueled By Rebound In Crypto, Stock Trading Investor's Business Daily
- Robinhood stock soars more than 10% as company’s revenue gets boost from crypto MarketWatch
- Robinhood's Higher Crypto Revenue Could be Positive for Coinbase Earnings CoinDesk
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