Robinhood Markets Inc at Wolfe Research Wealth Symposium Transcript

Nov 09, 2023 / 05:40PM GMT
Steven Joseph Chubak - Wolfe Research, LLC - Director of Equity Research

Firms achieved a lot of milestones recently, GAAP profitability, best-in-class organic growth across all the publics that we track and is engaged in a number of key growth initiatives, which were really keen to untie today.

Questions and Answers:

Steven Joseph Chubak - Wolfe Research, LLC - Director of Equity Research

Vlad, I really want to focus the discussion on your strategic growth priorities, particularly over the long term. Maybe just to start, before digging into that, on the 3Q call, you offered some more measured guidance on 4Q trading and NII. I know that weighed on shares, but wanted to ask what you're seeing across the (inaudible) that informed that software guide?

Vladimir Tenev - Robinhood Markets, Inc. - Co-Founder, President, CEO & Chairman of the Board

Thank you for having me, Steven. Yes, I think, to be clear, we're very long-term focused as a company. We're making a lot of investments to both be #1 in active traders,
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