earnings
confidence high
sentiment positive
materiality 0.80
Clear Secure Q3 revenue $160.4M (+38% YoY); declares $0.55 special dividend
Clear Secure, Inc.
- Revenue $160.4M (+38% YoY); Total Bookings $191.7M (+32% YoY).
- Net income $26.9M ($0.17 EPS); adjusted net income $31.5M ($0.21 EPS).
- Active CLEAR Plus Members 6.4M (+31% YoY); retention 88.5% (down 370 bps).
- Declared $0.55 special dividend and $0.09 quarterly dividend payable Nov 22, 2023.
- Board authorized $100M share repurchase increase; 0.6M shares bought at $16.77 in Q4 to date.