Robinhood Q3 Earnings Takeaways: Stock Falls On Revenue Miss, Weak Guidance, Crypto Transaction Revenue Up 860%

Shares of Robinhood Markets Inc (NASDAQ: HOOD) are trading lower after reporting third-quarter financial results. What Happened: Robinhood reported third-quarter revenue of $365 million, up 35% year-over-year but shy of analysts’ estimates of $431.3 million.