Crypto News

Robinhood is a quarterly estimate of profit such as fuel volutility fuel

The author of Prita Bisvas

(Reuters) -Retail Robinholh’s platform Robinholh’s Profit Robinhood More than doubled and beaten analysts, rising trading volume by clients who want to stand their positions in the middle of sharp markets.

Revenue based on a business transaction or income realized from fees to facilitate trading options, cryptocurrency and capital, jumped 77% in the quarter.

Most winnings came from 100% jump in crypto market activity, because Bitcoin remained cut in quarter.

US President Donald Trump’s messy trading policy launched instability through classes of funds during the first three months of the year, used platforms such as Robby strengthening trading activities.

“We are diversing a job outside the crypto, which will make us less reliable to the amount of transaction crypto in the future,” said General Manager Vladimir Tenev.

Income from the Trading options, he climbed 56% and from equality in the quarter in a quarter grew by 44%. Net interest income, whose most of the investment is from margin, jumped 14% to $ 290 million.

The total assets of the platform jumped 70% in the last year to $ 221 billion, with a record net deposit of $ 18 billion.

“Customers not only trade more with us, but they take us more of their property,” Tenev added.

Net income that can be attributed to common shareholders amounted to $ 336 million, or 37 cents per share, in three months they ended 31. March. This compares to a profit of $ 157 million, or 18 cents per share, annually.

Analysts expected a profit of 33 cents per share, according to the data compiled by Lseg.

The total net income of the company, which announced the rolling management from wealth and private banking services, increased by 50% to $ 927 million.

Gold wobeth – its premium services The Premium Membership Program – subscribers almost doubled to 3.2 million.

Menlo’s shares, the shares of the company based in California, which have gained almost 32% in 2025. years, the last 1.5% in the chopped trading after the bell.

The Robinhouse also increased the authority to buy shares for $ 5.5 billion.

(Reporting to Bengaluru; Editing Sriraja Kommurava)

(TagstotRanslate) Options Trading (T) Robinood (T) Volemes (T) Donald Trump (T) Cripto Trading (T) Trading Platform (T) Trade (T) Transpi Tranics (T) Volumim Tetev (T) Transaction Volumim

https://media.zenfs.com/en/reuters-finance.com/ba8899e244c568d460a27eb81f3b99d7

2025-04-30 23:10:00

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button