Robinhood Markets (HOOD) booked its largest quarterly top line on record in the three months ended September 30, but a sharp pullback in cryptocurrency activity and thinner interest income dragged profit below Wall Street’s mark.

Revenue climbed 12% from a year earlier to $1.42 billion, matching the consensus estimate tracked by LSEG and edging past the prior high-water mark for the online brokerage. Net income, however, fell 14% to $476 million, or 51 cents a diluted share, from $556 million, or 61 cents, a year earlier. Analysts had penciled in 57 cents a share, according to data compiled by Bloomberg.

Shares slid in after-hours trading, with the stock down as much as 5% before paring losses. The stock has lost more than 15% since the…