Analysts Await Robinhood’s Positive Q1 Reports Amid Bullish Signs
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Robinhood’s highly anticipated Q1 2024 reports will be released on Wednesday as the projection expects the highest quarterly revenue given the bullish market signs. Experts project a 25% year-on-year increase in revenue to $555 million. The company’s stock is up by 100% from last year and over 45% this year, with a 65% growth in active users. Furthermore, its crypto trading revenue is expected to double and reach $80 million.
