![Robinhood’s Dramatic Turnaround: $157 Million Q1 Profit, Crypto Revenue Up 232% Robinhood’s Performance](https://leadinvawater.org/wp-content/uploads/2024/05/Robinhoods-Performance-600x400.png)
Robinhood’s Dramatic Turnaround: $157 Million Q1 Profit, Crypto Revenue Up 232%
Robinhood Markets Inc. showcased a resilient performance in the first quarter of 2024. It has transitioned from a significant loss last year to posting its second consecutive quarterly profit. The company announced on Wednesday that its net income reached $157 million. This achievement marks a stark turnaround from a net loss of $511 million in…