As such, per its latest earnings report, the company pulled in $38 million compared to $54 million last year. Overall, though, the stock trading platform took in $441 million, and revenue was up 47.5% across all businesses compared to the same time last year.
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HOOD Crypto Revenue Hurting, Overall Figures Sturdy
Robinhood saw its cryptocurrency trading revenue drop close to 30% in Q1 2023, although its quarterly drop in the crypto sector was comparatively less dramatic at 1%. So reports Coindesk.
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