Robinhood reports record annual revenue of $4.47B, but Q4 profits slide 34%
Robinhood posted Q4 revenue of $1.28 billion, up 27 percent year-over-year but shy of Wall Street's forecast of $1.34 billion. Net income fell 34 percent to $605 million, largely due to a tax provision compared to last year's tax credit. Robinhood Markets Inc. posted mixed results in Q4 despite strong revenue growth. It reported a 27 percent increase in fourth-quarter revenue. […]
