Clear Secure reports Q3 adjusted EPS 5c, consensus 0c

Reports Q3 revenue $115.92M, consensus $111.97M. Total bookings increased 46.7%. The company said, "Airport activity remained strong throughout the third quarter including in September, a month in which we typically experience some seasonal slowdown post-Labor Day. We are seeing signs of a business travel recovery, complementing the strength in leisure travel. The Powered by CLEAR solution is gaining strong momentum with our Avis launch – their customers can now skip the counter and go straight to their vehicle. We are well-positioned to scale CLEAR Plus and Powered by CLEAR into Q4 and 2023."