The identity-verification firm reported $277.8M revenue and $0.49 EPS, exceeding analyst expectations and raising Q3 guidance.
Clear Secure posted Q2 GAAP earnings per share of $0.49, beating estimates by $0.10, as revenue rose 26.6% year-over-year to $277.8M. The result surpassed the $8.35M revenue consensus.
Adjusted EBITDA reached $101.1 million, reflecting a 36.4% margin and 900 basis points of expansion from the prior year. The company also issued an upbeat Q3 outlook, citing strong demand for its identity-verification services.
Shares edged higher in after-hours trading following the release.