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.

Does Clear Secure (YOU) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why Clear Secure (YOU) is a Great Choice

Clear Secure (YOU) closed at $32.38 in the latest trading session, marking a -1.76% move from the prior day.

Why Clear Secure (YOU) Dipped More Than Broader Market Today

New enrollment locations offer convenient options for consumers to enroll or renew in TSA PreCheck   WASHINGTON and NEW YORK , Sept. 24, 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 four new locations.

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

Biometric identity company Clear Secure, Inc. (YOU) posted a big earnings beat and its shares have jumped since.

Big Money Loves Clear Secure

In the latest trading session, Clear Secure (YOU) closed at $32.87, marking a +1.23% move from the previous day.

Clear Secure (YOU) Rises But Trails Market: What Investors Should Know

Clear Secure (YOU) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

CLEAR Secure, Inc. (YOU) Hits Fresh High: Is There Still Room to Run?

Clear Secure's Q2 earnings continue to demonstrate strong revenue growth and margin expansion. The company maintains a 'Rule of 60' status, combining high growth and profitability. Clear is committed to returning capital to shareholders, evidenced by dividends and share repurchases, totaling over $230 million in the past year.

Clear Secure: Q2 Earnings Reaffirm Bullish Thesis

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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.

Investors Heavily Search CLEAR Secure, Inc. (YOU): Here is What You Need to Know

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Clear Secure, Inc. shows strong growth with Q2 2024 EPS of $0.34, revenue up 24.60%, and expanding TSA PreCheck services. Despite high debt and reliance on specific revenue streams, Clear Secure's growing membership and partnerships indicate promising future prospects. The company's valuation is high, with a P/E ratio of 27.87x, but strong earnings growth and cash flow justify a “Buy” rating.

Clear Secure Gains: Biometric Growth Drives Q2 Success

Recently, Zacks.com users have been paying close attention to Clear Secure (YOU). This makes it worthwhile to examine what the stock has in store.

Here is What to Know Beyond Why CLEAR Secure, Inc. (YOU) is a Trending Stock

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

Surging Earnings Estimates Signal Upside for Clear Secure (YOU) Stock

CLEAR Secure, Inc. (YOU) Hit a 52 Week High, Can the Run Continue?

Investors in identity verification technology company Clear Secure (NYSE: YOU ) are certainly seeing plenty of green on the screen today. Indeed, shares of YOU stock are surging more than 25% at the time of this writing after the company reported second-quarter earnings which beat on both the top and the bottom line.

Clear Secure News: Why Biometric Bet YOU Stock Is Up 25% Today

Clear Secure, Inc. (NYSE:YOU ) Q2 2024 Earnings Conference Call August 6, 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 Ben Miller - Goldman Sachs Cory Carpenter - JPMorgan Mark Kelley - Stifel David Unger - Wells Fargo Operator Good morning and welcome to CLEAR's Fiscal Second 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) Q2 2024 Earnings Call Transcript

Clear Secure (YOU) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.15 per share a year ago.

Clear Secure (YOU) Beats Q2 Earnings and Revenue Estimates

NEW YORK , Aug. 6, 2024 /PRNewswire/ -- Clear Secure, Inc. (NYSE: YOU), the secure identity company, has posted a shareholder letter containing its 2024 second 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 Second Quarter 2024 Earnings

Clear Secure's (YOU) second-quarter 2024 results are likely to gain from new member enrollments, pricing increases and strong retention of existing members.

Clear Secure (YOU) to Report Q2 Earnings: What to Expect

Delta Air Lines

NEW YORK , Aug. 5, 2024 /PRNewswire/ -- CLEAR Secure, Inc. (NYSE: YOU), ("CLEAR ", or "The Company"), the secure identity company, announced the repurchase of 4,000,000 shares of Class A Common Stock in the third quarter of 2024 pursuant to a block share purchase agreement with Delta Air Lines, Inc. ("Delta") (NYSE: DAL). Delta continues to own 4,277,958 shares of CLEAR's Class C Common Stock.

CLEAR announces 4,000,000 block share repurchase agreement with Delta Airlines and $100 million increase to share repurchase authorization

NEW YORK , Aug. 2, 2024 /PRNewswire/ -- Clear Secure, Inc. (NYSE: YOU) ("CLEAR" or the "Company") today announced that its Board of Directors (the "Board") declared a regular quarterly dividend of $0.10 per share, payable on September 17, 2024 to holders of record of Class A Common Stock and Class B Common Stock as of the close of business on September 10, 2024. The Company will fund the payment of the quarterly dividend from proportionate cash distributions by its subsidiary.

CLEAR Announces $0.10 Regular Quarterly Cash Dividend

Clear Secure (YOU) concluded the recent trading session at $21.35, signifying a -1.07% move from its prior day's close.

Clear Secure (YOU) Stock Falls Amid Market Uptick: What Investors Need to Know

NEW YORK , July 23, 2024 /PRNewswire/ -- Clear Secure, Inc. (NYSE: YOU), the secure identity company, today announced that it will report financial results for the second quarter ending June 30, 2024 at approximately 6:00 a.m. ET on Tuesday, August 6, 2024.

CLEAR To Announce Second Quarter 2024 Financial Results On August 6, 2024

HONOLULU , July 17, 2024 /PRNewswire/ -- CLEAR (NYSE: YOU), the secure identity company, launched its signature identity verification technology today at Honolulu's Daniel K. Inouye International Airport (HNL) to streamline the airport's security screening experience.

News for Clear Secure Stock (YOU)