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The retail trading platform posted a profit of $386 million for the quarter.

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Reporter

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Robinhood Markets

 logged a 45% leap in sales for the second quarter as cryptocurrency, options and equities drove revenue.

The retail trading platform on Wednesday posted a profit of $386 million, or 42 cents a share, in the quarter ended June 30, compared with $188 million, or 21 cents a share, a year earlier. Analysts expected 31 cents a share, according to FactSet.

Robinhood Second-Quarter Revenue Rose on Transaction Sales Growth

Robinhood Second-Quarter Revenue Pops on Transaction Sales Growth

The retail trading platform posted a profit of $386 million for the quarter

Katherine Hamilton

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