




📈 Robinhood reported record revenue in Q1, largely boosted by a surge in crypto trading. Transaction-based revenue for crypto more than tripled year-over-year. https://t.co/N179glqGix
ROBINHOOD'S MASSIVE CRYPTO HOLDINGS BOOSTS EARNINGS The details below: - ROBINHOOD'S Q1 CRYPTO TRADING SOARS: Notional crypto trading volume on Robinhood reaches $36 billion in the first quarter, marking an impressive 224% increase from the previous year. - SUBSTANTIAL REVENUE… https://t.co/E4r1pwoJ8U https://t.co/WA9ll0Ua0f
.@Twilio's second quarter revenue outlook light https://t.co/LB7mY0asWQ Twilio reported better-than-expected first quarter earnings, but its second quarter revenue outlook was light. https://t.co/ZPzLoUTQtA

Twilio and Robinhood have both reported their Q1 earnings, with Twilio experiencing a revenue increase of 4% year-over-year to $1.05 billion, surpassing estimates of $1.03 billion, and an EPS of $0.80. Despite the positive earnings, Twilio's stock fell by over 5% after the announcement, and the company forecasts Q2 revenue to be below expectations, ranging between $1.05 billion and $1.06 billion against analysts' expectations of $1.08 billion. Twilio also reported over 313K active customer accounts. On the other hand, Robinhood surpassed Wall Street expectations significantly, with a Q1 EPS of $0.18, revenue of $618 million against the expected $555 million, and a net income of $157 million, contrasting sharply with a net loss of $511 million in the previous year. This performance marked a substantial recovery, with a 224% increase in crypto trading volume.