Related Symbol
avatar
@starcahier 2 months ago

Robinhood and Roku Q3 earnings and growth updates

Robinhood and Roku Q3 earnings and growth updates

Robinhood and Roku posted Q3 updates with decent growth numbers. Robinhood grew investment accounts 11% to 27.9 million and Gold subscribers 77% to 3.9 million. They are expanding into the UK and EU, but the main risk noted is continued reliance on volatile crypto revenue. The article mentions shares trading around $132. Roku revenue hit $1.2 billion, up 14%, with streaming hours climbing to 36.5 billion. They swung to a profit of $0.16 per share versus a loss last year. They also signed an ad partnership with Amazon to combine audiences. Stock is trading around $100.
post thumbnail
@ProduceCut309 2 months ago

Solid updates from both, but different vibes: is growing users fast, though the crypto dependence still makes the revenue stream a little shaky. turning a profit and locking an ad deal with Amazon is a legit win, feels like more durable momentum compared to HOOD’s volatility.