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Robinhood misses third-quarter earnings as crypto revenues rise and market stakes increase.

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Decrypt · Crypto · · Source

Robinhood misses third-quarter earnings as crypto revenues rise and market stakes increase.

Robinhood misses third-quarter earnings as crypto revenues rise and market stakes increase.

Robinhood posted record revenue of $1.42 billion but earned $0.51 per share, short of expectations of $0.55, as betting on sports and elections grew to $173 million and crypto rose.

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