





Robinhood Markets $HOOD Q3 revenue $637M, below consensus, but up 36% YoY. EPS also slightly missed. Stock down hard despite customer assets up 50% YTD & stock up 100-110% for the year. Worth watching for a bounce - often moves with Bitcoin #BTC Could be a buy on further… https://t.co/AVI7IbuoQo
Doordash's stock sees an increase following positive earnings reports and the announcement of a new partnership with Lyft.
DoorDash $DASH has released its quarterly earnings. Revenue of $2.71B (+25.05% YoY) beats by $46M. EPS of $0.38 beats by $0.16.

DoorDash and Robinhood reported their third-quarter earnings on October 31, 2024, revealing contrasting performances. DoorDash (NASDAQ: DASH) posted a revenue of $2.71 billion, exceeding analyst expectations of $2.66 billion, and marked a 25% year-over-year increase. The company also reported earnings per share (EPS) of $0.38, surpassing the expected $0.20, and achieved a net income of $162 million, its first profitable quarter since going public. In contrast, Robinhood (NASDAQ: HOOD) missed revenue expectations, reporting $637 million against an estimate of $653 million, resulting in an 11% decline in its stock price. The company's EPS was $0.17, below the anticipated $0.19. Despite a 36% year-over-year revenue growth, Robinhood's shares fell due to concerns over its growth strategy and a reported drop of $27 million in net revenues linked to customer promotions. Additionally, Robinhood's assets under custody reached a record high of $152 billion, and net deposits exceeded $10 billion for the third consecutive quarter.