Clear Secure up on Q3 revenue beat, upbeat forecast

CLEAR Secure

15/11/2021 14:02

** Shares of biometric security firm Clear Secure Inc
 YOU.N  up 4.4% at $47.75 premarket - set to snap 4-day losing
streak
    ** YOU posts a 20% rise in Q3 revenue to $67.6 mln, beating
estimates of $65.8 mln, according to Refinitiv data  urn:newsml:reuters.com:*:nASA02SND
    ** Says, the rebound in travel has continued faster and
stronger, driving strong membership growth and better than
expected total bookings growth
    ** Co also sees Q4 revenue between $77.5 mln and $78.5 mln,
above ests of $75.7 mln
    ** As of last close, YOU up ~14% since June NYSE debut

 (Reporting by Tiyashi Datta in Bengaluru)
 ((tiyashi.datta@thomsonreuters.com))