Robinhood (Hood) exceeded the estimates of tempered analysts in the first quarter of 2025, informing sets adjusted per share of $ 0.37 against forecasts for $ 0.33.
The popular negotiation platform reported $ 927 million in total revenues, below $ 1 billion in the fourth quarter, but exceeded the expectations of the street of $ 920.1 million. Cryptography -related income was $ 252 million, 100% more than the previous year levels.
Revenue based on $ 583 million transactions fell 13% of $ 672 million in the fourth quarter.
Robinhood had seen explosive numbers in the fourth quarter, partly thanks to an increase in cryptography trade in the euphoria derived from the presidential victory of the president of the United States, Donald Trump. But foam in cryptographic and traditional markets was quickly reversed after Trump’s inauguration.
The company added $ 500 million to its existing shares of $ 1 billion shares. To date, Hood has returned $ 667 million, leaving another $ 833 million under authorization.
Robinhood’s monthly cryptographic volumes have historically shown a high correlation with retail volumes of Coinbase (COIN), but Barclays analyst Benjamin Buddish believes that the currency will have seen a less significant decrease in volume trade in the first quarter.
Coinbase informs the profits on May 8 and a slight decrease in revenues to $ 2.1 billion of $ 2.27 billion in the previous quarter is expected to publish, while the exchange volume is expected to have fallen to $ 403.8 of $ 439 billion, according to Factset analysts.
Hood’s shares have dropped 2.2% in the action after hours.
