12:35 PM EDT, 08/06/2024 (MT Newswires) -- (Updates with stock price movement in the headline and first paragraph)

Clear Secure ( YOU ) shares were up more than 25% in recent trading Tuesday after the company reported better-than-expected Q2 performance.

The company reported Q2 adjusted net income of $0.34 per diluted share, up from $0.15 a year earlier.

Analysts polled by Capital IQ expected $0.26.

Revenue for the quarter ended June 30 was $186.75 million, up from $149.87 million a year earlier.

Analysts surveyed by Capital IQ expected $183.8 million.

For Q3, the company expects revenue of $193 million to $195 million. Analysts polled by Capital IQ expect $187.9 million.

Price: 24.43, Change: +4.96, Percent Change: +25.48