HOOD
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Robinhood reported strong revenue growth in the latest quarter, driven by increased transaction-based revenues, higher net interest revenues, and other revenues. The company's ability to attract more users and generate income from their cash balances contributed to its revenue growth. However, Robinhood still faces challenges, including a net loss and high operating expenses. The company's profitability remains a concern, but its revenue growth indicates potential for future success.
10-K
filed on Feb 27, 24