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{"id":11524,"date":"2022-08-03T14:54:12","date_gmt":"2022-08-03T14:54:12","guid":{"rendered":"https:\/\/scienceandnerds.com\/2022\/08\/03\/robinhood-quarterly-revenue-drops-by-almost-half\/"},"modified":"2022-08-03T14:54:13","modified_gmt":"2022-08-03T14:54:13","slug":"robinhood-quarterly-revenue-drops-by-almost-half","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2022\/08\/03\/robinhood-quarterly-revenue-drops-by-almost-half\/","title":{"rendered":"Robinhood quarterly revenue drops by almost half"},"content":{"rendered":"

Source: https:\/\/www.theverge.com\/2022\/8\/2\/23289387\/robinhood-quarterly-revenue-drops-by-almost-half<\/a>
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Robinhood\u2019s transaction-based revenue in the second quarter of 2022 fell to $202 million from $451 million in the second quarter last year, a drop of more than half. The picture of the overall revenue isn\u2019t much better: down 44 percent to $318 million from $565 million a year ago. Yes, about a quarter of the company is getting fired<\/a>.<\/p>\n

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