Source: Robinhood Q2 earnings report where they reported record profits of $682 million in the three months ended June 30. Haven’t found a news article about it or anything but it is in the report.
Aug 7 (Reuters) – Robinhood’s revenue surged in the second quarter, boosted by strong trading in equities and cryptocurrencies.
The online commission-free brokerage reported net revenue of $682 million in the three months ended June 30 on Wednesday. That compares with $486 million in the year-ago quarter.
side note: ROBINHOOD SAYS SEEING “INCREDIBLY STRONG” ACTIVITY ACROSS CATEGORIES IN JULY VS JUNE
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