Robinhood reports Q1 revenue of $299M, down 43% YoY, vs. $355.8M est., net loss of $392M, MAUs of 15.9M, down from 17.7M YoY; stock drops 8%+ (Jesse Pound/CNBC) –

Jesse Pound / CNBC:
Robinhood reports Q1 revenue of $299M, down 43% YoY, vs. $355.8M est., net loss of $392M, MAUs of 15.9M, down from 17.7M YoY; stock drops 8%+  —  Retail brokerage firm Robinhood released its first-quarter results on Thursday, showing a wider-than-expected loss and shrinking revenue.

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