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News

Robinhood Markets Sees FY24 Adjusted Operating Expenses And SBC Of $1.85B-$1.95B

Author: Benzinga Newsdesk | May 08, 2024 04:29pm
Financial Outlook

for the Year Ending December 31, 2024
 
Outlook

(in millions)
 
Total operating expenses (GAAP)$1,850 - $1,950
Significant reconciliation items(1)
Adjusted Operating Expenses and SBC (non-GAAP)$1,850 - $1,950

(1) Actual results might differ materially from our outlook, see "Financial Outlook" for more information. The above expense outlook does not include potential significant regulatory matters or other significant expenses (such as impairments, restructuring charges, and business acquisition- or disposition-related expenses) that may arise or accruals we may determine in the future are required, as we are unable to accurately predict the size or timing of such matters, expenses or accruals at this time. See "Non-GAAP Financial Measures" for more information on Adjusted Operating Expenses and SBC, including significant items that we believe are not indicative of our ongoing expenses that would be adjusted out of total operating expenses (GAAP) to get to Adjusted Operating Expenses and SBC (non-GAAP) should they occur.

Posted In: HOOD

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