BUZZ-Robinhood rises after Q1 profit doubles, beats estimates

Reuters

2025/05/01

BUZZ-<a href="https://laohu8.com/S/HOOD">Robinhood</a> rises after Q1 profit doubles, beats estimates

** Shares of trading platform Robinhood HOOD.O rise 1.2% to $49.68 in after-hours trading

** Co's Q1 profit doubles and beats estimates, driven by a surge in trading volumes from clients looking to hedge their positions amid choppy markets

** Transaction-based revenue, or income generated from fees for facilitating trading in options, cryptocurrency and equities, jumped 77%

** Majority of the gains came from a 100% jump in crypto trading activity as bitcoin remained choppy during the quarter

** HOOD posts a profit of $336 million, or 37 cents per share, in the first quarter, up from $157 million, or 18 cents per share, a year earlier

** Analysts had expected a profit of 33 cents per share - LSEG data

** HOOD shares have gained 32% YTD

(Reporting by Ateev Bhandari in Bengaluru)

((Ateev.Bhandari@thomsonreuters.com))

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LSEG data</p><p>** HOOD shares have gained 32% YTD</p><p>(Reporting by Ateev Bhandari in Bengaluru)</p><p>((Ateev.Bhandari@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4127","symbol_name":"投资银行业与经纪业","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250430:nL4N3R82GG:1","article_id":"2532094059","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2532094059","pubTimestamp":1746049141,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Robinhood rises after Q1 profit doubles, beats estimates** Shares of trading platform Robinhood HOOD.O rise 1.2% to $49.68 in after-hours trading** Co's Q1 profit doubles and beats estimates, driven by a surge in trading volumes from clients looking to hedge their positions amid choppy markets** Transaction-based revenue, or income generated from fees for facilitating trading in options, cryptocurrency and equities, jumped 77%** Majority of the gains came from a 100% jump in crypto trading activity as bitcoin remained choppy during the quarter** HOOD posts a profit of $336 million, or 37 cents per share, in the first quarter, up from $157 million, or 18 cents per share, a year earlier** Analysts had expected a profit of 33 cents per share - 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