earnings
confidence high
sentiment positive
materiality 0.65
Clear Secure Q2 2023 revenue $149.9M (+45.9% YoY); initiates $0.07 quarterly dividend
Clear Secure, Inc.
- Revenue of $149.9M, up 45.9% YoY; Total Bookings $175.1M, up 42.5%.
- Active CLEAR Plus Members 6.2M (+40.6% YoY); Annual Net Member Retention 90.7%.
- Net income $8.0M ($0.04 EPS); Adjusted net income $22.8M ($0.15 EPS).
- Established regular quarterly dividend of $0.07, payable Aug 18, 2023 to holders of Aug 11 record.
- Repurchased 1.5M shares at avg $25.19 during Q2; Free Cash Flow $66.6M.