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Bitcoin

Robinhood shares rise where the fourth -quarter coding revenue jumps

Standard records of Robinhood, which cost $ 916 million, net income expects expectations in the industry, which is largely nourishing it by increasing the coding revenues by 700 % on an annual basis, prompting the shares an increase of 17 % in the hours of hours.

Robinhood shares increased by 17 % in trading after working hours, as their profits beat consensus estimates and coded currency revenues by 700 % on an annual basis.

Net net income 916 million dollars I mentioned In the statement of the results on February 12, its fifth -consecutive quarterly quarter represents, beating Consensus estimates by more than 9 %.

Crypto revenues amounted to $ 358 million, which represents more than half of the 672 million dollars-which increased more than 200 % on an annual basis. The coding trading volumes increased by more than 450 % year on an annual basis to $ 71 billion.

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