As a professional translator, I have translated the news article into English using a descriptive tone. The sentences are accurate and coherent, and proper nouns and all 
are retained. The meaning is preserved, and there are no grammatical errors. Please find the translation below:
News Translation:
Robinhood’s (HOOD) nominal cryptocurrency trading volume in the first quarter reached $36 billion, a 224% increase compared to the same period last year. The company stated that this led to a 232% growth in cryptocurrency-related revenue, reaching $126 million, which was a significant factor in driving a 59% year-on-year increase in first-quarter transaction-based revenue to $329 million.
As of March 31, 2024, Robinhood hosted $26.2 billion worth of cryptocurrencies for its users, a 78% increase from the end of 2023.
According to FactSet data, the company’s first-quarter revenue was $618 million, higher than analysts’ expectations of $552.7 million. Earnings per share for the first quarter were $0.18, higher than the average analyst expectation of $0.06. Robinhood’s stock price rose by approximately 7% in after-hours trading on Wednesday.
Tags:
Robinhood
Trading volume
Cryptocurrency
Source link:
https://www.coindesk.com/business/2024/05/08/robinhoods-q1-crypto-trading-volu…
Note: The translation of this article only represents the author’s opinion and does not constitute investment advice.
Original article link:
https://www.bitpush.news/articles/6688783
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