Clear Secure Expects Q2 Revenue Of $182.5M-$184.5M Vs. $182.1M Estimate, Projects Total Bookings Of $192M-$198M
Portfolio Pulse from Benzinga Newsdesk
Clear Secure anticipates its Q2 revenue to be between $182.5M and $184.5M, surpassing the estimated $182.1M. The company also forecasts total bookings to range from $192M to $198M.
May 08, 2024 | 10:19 am
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Clear Secure expects Q2 revenue to exceed estimates, projecting $182.5M-$184.5M against a $182.1M estimate, with bookings forecasted at $192M-$198M.
Clear Secure's projection of higher-than-expected Q2 revenue and strong bookings suggests positive business momentum, likely leading to a positive short-term impact on its stock price. The surpassing of revenue estimates typically results in positive investor sentiment, potentially driving up the stock price.
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