Financial Performance3Q24 results were below expectations in most areas, with adjusted EBITDA missing estimates due to moderately lower-than-expected transaction revenue.
Regulation And Legal ChallengesUncertainty regarding regulation, retail trading activity, and legal challenges could impact Robinhood's operations.
Revenue PerformanceHOOD top-line came in below consensus primarily driven by lower crypto activity in the quarter vs prior and lower than expected net interest revenues.