secwatch.observer — SEC 8-K summary
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Issuer:     Robinhood Markets, Inc. (HOOD)
CIK:        0001783879
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001783879-23-000267
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Robinhood Q3 net loss narrows to $85M; revenue up 29% to $467M
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- Revenue $467M (+29% YoY); net loss $85M vs $175M loss in Q3 2022; EPS -$0.09.
- Net interest revenue $251M (+96% YoY); transaction revenue $185M (-11%); crypto revenue down 55%.
- Adjusted EBITDA $137M (+191% YoY); MAU 10.3M (-16% YoY); AUC $87B (+34%).
- Guidance: GAAP op expenses $2.399B-$2.439B FY2023 incl $104M regulatory accrual.
- Plans to launch UK brokerage and EU crypto trading soon; bought 55.3M shares in Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1783879/000178387923000267/0001783879-23-000267-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1783879/000178387923000267/hood-20231107.htm
  HTML page:      https://secwatch.observer/filing/0001783879-23-000267

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer