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HOOD (Trans): Revenue hit a record high; $13bn net deposits in Oct.
Q3 revenue rose 12% YoY to a record $1.4bn. Oct. net deposits topped $13bn, taking YTD inflows above $68bn.
Adj. EBITDA grew only 9%, and Oct. ADV was about 5% below Q3. Meanwhile, the company is ramping up Robinhood Chain, prediction markets, and the Trump account.RobinhoodConference Minutes
