YOU · Clear Secure
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The results give Clear more room to build its airport and identity services. Nearly 44 million members and an adjusted profit measure above the target set at its IPO show the business is expanding. Management expects Q3 revenue of $284 million to $287 million and bookings of $311 million to $316 million, suggesting it sees activity continuing. The concern is continued spending on products and airport network expansion, which uses resources. Strong cash flow and $959 million in cash and marketable securities give it room to fund that work.