earnings
confidence high
sentiment neutral
materiality 0.70
Clear Secure Q3 revenue $67.6M (+20% YoY), net loss $32.8M; bookings $99.3M (+89%)
Clear Secure, Inc.
- Revenue $67.6M (+20% YoY); Total Bookings $99.3M (+89% YoY).
- Cumulative enrollments 8.1M (+58% YoY); new enrollments grew 131% sequentially.
- Annual CLEAR Plus Net Member Retention 87.4% (+620 bps YoY).
- Net loss $32.8M ($0.23 diluted EPS); Adj. EBITDA ($14.5)M; Free Cash Flow $28.1M.
- Launched Amex Platinum partnership; Health Pass with Rite Aid, Las Vegas Raiders.