Robinhood Q2: revenue of $565M, up 131% YoY, net loss of $502M, vs. net income of $58M in Q2 2020, and crypto revenue of $233M; stock down ~9% after hours (Maggie Fitzgerald/CNBC)

1 week ago 20

Maggie Fitzgerald / CNBC:
Robinhood Q2: revenue of $565M, up 131% YoY, net loss of $502M, vs. net income of $58M in Q2 2020, and crypto revenue of $233M; stock down ~9% after hours  —  Robinhood's revenue more than doubled in the second quarter to $565 million, bolstered by a massive surge in crypto trading …