Robinhood reports quarterly profit on retail trading strength-February 2024-www.financetom.com

Robinhood reports quarterly profit on retail trading strength

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Robinhood reports quarterly profit on retail trading strength

Oct 30, 2024 1:43 PM

Oct 30 (Reuters) - Brokerage Robinhood reported

a third-quarter profit on Wednesday, driven by robust equities

and crypto trading volumes.

The company's profit was $150 million, or 17 cents per

share, in the three months ended Sept. 30, compared with a loss

of $85 million, or 9 cents per share, a year earlier.

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