Clear Secure

Clear Secure, Inc. provides a technology platform, which enables frictionless and safe journeys using biometric identity. Its identity platform connects passengers to the cards in their wallet transforming the way passengers live, work, and travel, and also focuses on providing verification in several areas, such as events, healthcare, and sporting stadiums. The firm offers secured biometric identity verification to its customers from different industries through its CLEAR brand. The company was founded by Caryn Seidman-Becker and Kenneth Cornick in 2010 and is headquartered in New York, NY.

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Clear Secure reports strong Q4 growth and eyes healthcare expansion

Clear Secure's Q4 performance reflects robust growth, exceeding revenue expectations and showcasing improved unit economics.
Strategic partnerships in healthcare and travel sectors, along with strong financials, position the company for future success.
While facing challenges in Q1 bookings and traffic trends, Clear Secure aims to capitalize on opportunities for growth and profitability.

Clear Secure (YOU) reports robust Q1 earnings, eyes growth opportunities

Clear Secure (YOU) delivered strong Q1 results with revenue and bookings growth, improved operating leverage, and increased free cash flow. Strategic partnerships and retention strategies are driving membership growth and expanding the TAM. The company faces challenges in managing new airport expansions and balancing growth with service quality, but opportunities lie in the increasing travel demand and upcoming TSA PreCheck launch.

Clear Secure reports robust Q2 earnings and unveils growth strategies

Clear Secure (YOU) demonstrated strong financial performance in Q2 2023 with revenue growth and increased margins.
The company is strategically rebranding and introducing new KPIs to drive growth and enhance shareholder value.
Despite challenges like inaccurate media reporting, Clear Secure is well-positioned for future growth and profitability.

Clear Secure reports strong Q3 growth and eyes financial services

Clear Secure's Q3 performance reflects robust growth, driven by revenue and booking increases, strong margins, and strategic acquisitions.
The company's focus on innovation, expansion, and efficiency highlights its commitment to long-term success and market leadership.
While challenges exist in integration and meeting targets, Clear Secure's strategic positioning and opportunities in digital identity and airport security bode well for future growth.

CLEAR surpasses 20M members, eyes strong growth and innovation

CLEAR's Q4 performance reflects strong growth metrics and a focus on enhancing customer experience through innovative identity verification solutions.
While facing short-term cost challenges, CLEAR's strategic initiatives and financial projections for 2024 signal a promising outlook for sustained growth and profitability.
By leveraging its loyal customer base, technological advancements, and market opportunities, CLEAR is well-positioned to capitalize on the evolving landscape and drive future success.

Clear Secure (YOU) reports robust Q1 earnings and eyes growth opportunities

Clear Secure (YOU) delivered impressive financial results in Q1 2024, with significant revenue growth and strong profitability. The company's focus on member experience, TSA PreCheck, and Clear Verified has yielded positive outcomes. Clear faces challenges in maintaining growth and member retention but has opportunities for further expansion and revenue growth.

Clear Secure reports robust Q2 earnings, eyes 50 million members

Clear Secure delivered strong financial results in Q2 2024, with notable increases in revenue, EBITDA, and free cash flow.
The company's growth in members, introduction of new technologies, and strategic initiatives position it well for future expansion.
While facing challenges in maintaining growth and navigating competition, Clear Secure has opportunities to drive innovation and revenue growth.

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Clear Secure, Inc. is an identity company, which engages in developing biometric identity verification technology platforms. Its identity platform connects passengers to the cards in their wallet transforming the way passengers live, work, and travel, and focuses on providing verification in several areas, such as events, healthcare, and sporting stadiums. It offers secured biometric identity verification to its customers from different industries through its CLEAR brand. The company was founded by Caryn Seidman-Becker and Kenneth Cornick in 2010 and is headquartered in New York, NY.

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The latest trading day saw Clear Secure (YOU) settling at $17.91, representing a -0.06% change from its previous close.

Clear Secure (YOU) Stock Sinks As Market Gains: Here's Why

Clear Secure reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, YOU broke through the 50-day moving average, which suggests a short-term bullish trend.

Clear Secure Just Reclaimed the 50-Day Moving Average

Clear Secure (YOU) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Rising for Clear Secure (YOU): Will It Gain?

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Clear Secure (YOU) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, YOU broke through the 50-day moving average, which suggests a short-term bullish trend.

Clear Secure (YOU) Just Reclaimed the 50-Day Moving Average

The consensus price target hints at a 43.7% upside potential for Clear Secure (YOU). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Does Clear Secure (YOU) Have the Potential to Rally 43.65% as Wall Street Analysts Expect?

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Public investors will now be able to verify their identity with CLEAR when opening a brokerage account for a faster and easier investing experience CLEAR members will receive credit in their Public account to invest NEW YORK, May 30, 2024 /PRNewswire/ -- Today, CLEAR (NYSE: YOU), the secure identity company, and Public , the investing platform for stocks, ETFs, crypto, options, bonds, and high-yield cash, announced a new partnership to give members the option to quickly and securely verify their identity with CLEAR when opening an investment account. CLEAR brings its trusted consumer brand, over 22 million embedded users, and experience working in other highly regulated industries such as aviation and healthcare, to Public investors, building on CLEAR's expanding leadership in the financial services industry.

CLEAR and Public Announce Partnership to Deliver Secure, Transparent, and Frictionless Investing to Consumers

Clear Secure (YOU) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Clear Secure (YOU) Upgraded to Strong Buy: What Does It Mean for the Stock?

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New enrollment location at John F. Kennedy International Airport offers convenient option for consumers to enroll or renew in TSA PreCheck WASHINGTON and NEW YORK , May 29, 2024 /PRNewswire/ -- CLEAR (NYSE: YOU), an authorized TSA PreCheck® enrollment provider, continues to expand locations to enroll and renew consumers in the Trusted Traveler program by opening a new location at John F.

CLEAR, an Official TSA PreCheck® Enrollment Provider, Expands Enrollment and Renewal Options by Opening New Location

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Zacks.com users have recently been watching Clear Secure (YOU) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Is Most-Watched Stock CLEAR Secure, Inc. (YOU) Worth Betting on Now?

Wellstar patients will be able to use CLEAR to provide a streamlined consumer experience during their appointment check-in process ATLANTA , May 21, 2024 /PRNewswire/ -- CLEAR (NYSE: YOU), the secure identity company, and Wellstar Health System, one of the largest healthcare systems in Georgia, are launching a new initiative to further simplify and speed up the patient check-in process. The first pilot location is live with further rollout expected in the second half of 2024.

CLEAR Partners with Wellstar Health System to Launch Seamless and Secure Check-in Across Locations

Clear Secure (YOU) came out with quarterly earnings of $0.28 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.06 per share a year ago.

Clear Secure (YOU) Q1 Earnings and Revenues Top Estimates

CLEAR Secure, Inc. (NYSE:YOU ) Q1 2024 Earnings Conference Call May 8, 2024 8:00 AM ET Company Participants Caryn Seidman-Becker - Co-Founder, Chairman & Chief Executive Officer Ken Cornick - Co-Founder, President & Chief Financial Officer Conference Call Participants Joshua Reilly – Needham Dana Telsey - Telsey Advisory Group Mark Kelley – Stifel Michael Turrin - Wells Fargo Operator Good morning and welcome to CLEAR's Fiscal First Quarter 2024 Conference Call. We have with us today, Caryn Seidman-Becker Co-Founder Chairman and Chief Executive Officer; and Ken Cornick Co-Founder President and Chief Financial Officer.

CLEAR Secure, Inc. (YOU) Q1 2024 Earnings Call Transcript

NEW YORK, May 8, 2024 /PRNewswire/ -- Clear Secure, Inc. (NYSE: YOU), the secure identity company, has posted a shareholder letter containing its 2024 first quarter financial results on its Investor Relations website at https://ir.clearme.com . CLEAR will host a conference call to discuss those results at 8:00 AM (ET) today.

CLEAR Announces First Quarter 2024 Earnings

Clear Secure (YOU) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Clear Secure (YOU) Reports Next Week: Wall Street Expects Earnings Growth

CLEAR will offer TSA PreCheck members additional convenient locations with expanded hours of operation TSA PreCheck members may renew their memberships online with CLEAR, IDEMIA or Telos WASHINGTON and NEW YORK , April 30, 2024 /PRNewswire/ -- The Transportation Security Administration (TSA) announced today that it is expanding TSA PreCheck® with CLEAR, which is now offering TSA PreCheck enrollment services at  participating airports . Since TSA first launched the TSA PreCheck program as a DHS Trusted Traveler Program for low-risk travelers in December 2013, active membership in the program has grown to more than 19 million passengers.

CLEAR becomes TSA's third official TSA PreCheck® enrollment provider

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Hawaiian Airlines HawaiianMiles members will receive preferential pricing on a CLEAR Plus membership MAUI, Hawaii , April 29, 2024 /PRNewswire/ -- CLEAR (NYSE: YOU), the secure identity company, today announced it is launching its signature identity verification technology tomorrow at Kahului Airport (OGG) on Maui to streamline the airport's security screening experience. CLEAR's launch at OGG is expected to create 33 jobs and generate approximately $2.1 million annually in local economic impact.

CLEAR Launches New Lane at Maui's Kahului Airport & Partnership with Hawaiian Airlines to Make Travel Easier

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Clear Secure (YOU) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

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