Robinhood Markets, Inc. (NASDAQ:HOOD) Q1 2022 Earnings Conference Call April 28, 2022 5:00 PM ET

Company Participants

Irvin Sha – Head-Investor Relations and Capital Markets

Vlad Tenev – Chief Executive Officer and Co-Founder

Jason Warnick – Chief Financial Officer

Conference Call Participants

Devin Ryan – JMP Securities

Ken Worthington – JPMorgan

Rich Repetto – Piper Sandler

Will Nance – Goldman Sachs

Eli Molin – Bank of America

Michael Anagnostakis – Wolfe Research

Trevor Young – Barclays

Josh Beck – KeyBanc

Operator

Thank you for standing by and welcome to Robinhood’s First Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's call may be recorded. [Operator Instructions]

I would now like to hand the call over to your host for today, Irvin Sha, Head of Investor Relations and Capital Markets. Please go ahead.

Irvin Sha

Thanks Latif. Welcome everyone. And thank you for joining us for Robinhood’s first quarter 2022 earnings conference call. With us today are CEO and Co-Founder, Vlad Tenev; and CFO, Jason Warnick.

Before getting started, I want to remind you that today's presentation will contain forward-looking statements about our financial outlook and our strategic and operational plans. Actual results could differ materially from our expectations. We continue to monitor regulatory developments relating to market structure matters such as statements from the SEC on payment for order flow and digital engagement practices.

Other potential risk factors that could cause differences are described in our press release issued this afternoon, the related slide presentation on our Investor Relations website, our Form 10-K filed February 24th, 2022, and in our other SEC filings. We remind you that from time-to-time, we intend to use the overview page of our Investor Relations website and our blog, Under the Hood, as means of disclosing material information to the public and investors should routinely monitor those sites, as information posted there, it could be deemed to be material information.

All information on the call is as of today April 28, 2022 and vendor take no duty to update it for subsequent events except as required by law. As we discuss our results, all percentage growth comparisons will be to the same period in the prior year, unless otherwise noted. Today's discussion will also include non-GAAP financial measures. Reconciliations to the GAAP results we consider most comparable can be found in the earnings presentation on our Investor Relations website at investors.robinhood.com.