Robinhood posts record quarterly revenue and adjusted EBITDA; EPS misses by five cents
Robinhood Markets reported its highest quarterly revenue and adjusted EBITDA in its history. StoneX analyst Mark Palmer says quarterly earnings were five cents below expectations and comments on the stock's decline.
StoneX analyst Mark Palmer isn't surprised that Robinhood Markets' stock is down after the company posted the highest quarterly revenue and adjusted Ebitda in its history. "The explanation is not complicated," he says in a research note, pointing to quarterly earnings that came in a nickel below Wa…