Robinhood CEO Vlad Tenev Discusses Earnings, New Adjusted EPS Metric, and Business Diversification

CNBC's Kate Rooney interviews Robinhood CEO Vlad Tenev in San Francisco following the company's earnings report. They discuss the earnings miss, the newly introduced adjusted EPS metric, the shift in revenue mix toward event contracts and prediction markets, and the launch and early performance of Robinhood Chain.

■ Post-Earnings Reaction
- Record revenue, adjusted EBITDA, and total platform assets of nearly $400 billion
- Explanation of the new adjusted EPS metric and why Robinhood introduced it
- Addressing the disconnect between the reported results and the stock's decline

■ Revenue Mix and Diversification
- Event contracts and prediction markets making up a larger share of transaction-based revenue
- The role of crypto and the current relative slowdown in trading activity
- How the company views the balance across its 14 business lines generating over $100 million in annual revenue each

■ Robinhood Chain
- Early results since its July 1 launch, including decentralized trading volume and chain fees
- How activity on the chain differs from traditional crypto trading

Viewers interested in fintech earnings, Robinhood's business model, or how trading platforms diversify revenue streams will gain insight into how the company frames its financial performance and strategy. Following the interview alongside the earnings release and the company's disclosures is recommended for fuller context.