Analysts Await Robinhood’s Positive Q1 Reports Amid Bullish Signs
The post Analysts Await Robinhood’s Positive Q1 Reports Amid Bullish Signs appeared first on Coinpedia Fintech News
Robinhood’s highly anticipated Q1 2024 reports will be released on Wednesday as the projection expects the highest quarterly revenue given the bullish market signs. Experts project a 25% year-on-year increase in revenue to $555 million. The company’s stock is up by 100% from last year and over 45% this year, with a 65% growth in active users. Furthermore, its crypto trading revenue is expected to double and reach $80 million.
