Clear Secure Guides Q3 Revenue Above Consensus at $284M-$287M
YOU has more than doubled off its 52-week low of $29.08.
Summary
Clear Secure issued Q3 revenue guidance of $284M-$287M, above the Street consensus. This is the first forward look since the Q1 report and follows a series of insider sales under 10b5-1 plans in July. The guidance suggests continued momentum from recent product launches like the Expedia partnership and Miami concierge service. No earnings call date was provided, but the revenue range implies year-over-year growth acceleration.
At the time of this announcement, YOU was trading at $58.45 on NYSE in the Technology sector, with a market capitalization of approximately $7.4B. The 52-week trading range was $29.08 to $62.73. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.