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.

NEW YORK , July 21, 2023 /PRNewswire/ -- Clear Secure, Inc. (NYSE: YOU) today announced that it will report financial results for the second quarter ending June 30, 2023 at approximately 6:30 a.m. ET on Wednesday, August 2, 2023.

CLEAR To Announce Second Quarter 2023 Financial Results On August 2, 2023

DENVER , July 11, 2023 /PRNewswire/ -- Amid the busy summer travel season of 2023, Denver International Airport (DEN) has partnered with CLEAR (NYSE: YOU), the secure identity company, and Copenhagen Optimization to extend the popular  DEN Reserve powered by CLEAR program to continue helping passengers save time at airport security. DEN Reserve is a free service that allows all passengers to reserve a dedicated time slot through DEN's Bridge TSA Security Checkpoint for their party – giving them a more predictable and seamless travel experience.

CLEAR and Denver International Airport Extend DEN Reserve to Help Passengers Save Time at Airport Security

Mileage Plan members now receive preferential pricing on a CLEAR Plus membership and bonus miles NEW YORK , June 21, 2023 /PRNewswire/ -- Alaska Airlines and CLEAR (NYSE: YOU), the secure identity company, today announced a new strategic collaboration to make travel easier and more predictable for Alaska Airlines' Mileage Plan members. Through the new partnership, Mileage Plan members will receive preferential pricing on an annual CLEAR Plus membership, allowing them to move faster through security at 52 airports nationwide by verifying their identity with their eyes or fingerprint and replacing the need to take out their wallet and driver's license.

Alaska Airlines and CLEAR Announce Innovative Partnership to Make Travel Easier and More Secure for Mileage Plan Members

CrowdStrike

NEW YORK , June 15, 2023 /PRNewswire/ -- CLEAR (NYSE: YOU), the secure identity company, announced today that Shawn Henry, Chief Security Officer of CrowdStrike (NASDAQ: CRWD), has been elected to CLEAR's Board of Directors. "Security is our top priority at CLEAR, and it has been fundamental to our business since we launched in 2010," said Caryn Seidman Becker, CEO and Chairman of CLEAR.

CrowdStrike Chief Security Officer Shawn Henry Elected to CLEAR's Board of Directors

Clear Secure, Inc. published its Q1 2023 financial results on May 9, 2023. The firm provides a range of identify verification services to venues and online. Clear Secure has produced strong growth and operating losses have diminished.

Clear Secure May Have Upside In Second Half 2023

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The mean of analysts' price targets for Clear Secure (YOU) points to a 28.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Predict a 28.21% Upside in Clear Secure (YOU): Here's What You Should Know

Clear Secure, Inc. (NYSE:YOU ) Q1 2023 Earnings Conference Call May 9, 2023 8:00 AM ET Company Participants Caryn Seidman-Becker - Co-Founder, Chairman and Chief Executive Officer Ken Cornick - Co-Founder, President and Chief Financial Officer Conference Call Participants Dana Telsey - Telsey Advisory Group Joshua Reilly - Needham & Company David Engel - Wells Fargo Paul Chung - JPMorgan Ananda Baruah - Loop Capital Operator Good morning and welcome to Clear's Fiscal First Quarter 2023 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 2023 Earnings Call Transcript

Clear Secure (YOU) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of a loss of $0.03 per share. This compares to loss of $0.03 per share a year ago.

Clear Secure (YOU) Beats Q1 Earnings and Revenue Estimates

NEW YORK , May 9, 2023 /PRNewswire/ -- Clear Secure, Inc. (NYSE: YOU) ("CLEAR" or the "Company") today announced that a special committee of CLEAR's Board of Directors has approved and declared a special cash dividend in the amount of $0.20 per share, payable on May 25, 2023, to holders of record of Class A Common Stock and Class B Common Stock as of the close of business on May 18, 2023. The Company is funding the payment of the special cash dividend from its pro rata share of tax distributions made by its subsidiary, Alclear Holdings, LLC.

CLEAR Announces $0.20 Special Cash Dividend

NEW YORK , May 9, 2023 /PRNewswire/ -- Clear Secure, Inc. (NYSE: YOU) has posted a shareholder letter containing its 2023 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 2023 Earnings

The mean of analysts' price targets for Clear Secure (YOU) points to a 35.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

How Much Upside is Left in Clear Secure (YOU)? Wall Street Analysts Think 35.84%

Clear Secure (YOU) doesn't possess 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) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

NEW YORK , April 25, 2023 /PRNewswire/ -- Clear Secure, Inc. (NYSE: YOU) today announced that it will report financial results for the first quarter ending March 31, 2023 at approximately 6:30 a.m. ET on Tuesday, May 9, 2023.

CLEAR TO ANNOUNCE FIRST QUARTER 2023 FINANCIAL RESULTS ON MAY 9, 2023

The mean of analysts' price targets for Clear Secure (YOU) points to a 34.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Can Clear Secure (YOU) Climb 34.81% to Reach the Level Wall Street Analysts Expect?

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Clear Secure provides retinal scanning terminals at airports and other venues, which allow travelers to spend much less time going through security. Clear Secure's business took a hit during the pandemic, but the company has come back in force and is growing revenues well.

Clear Secure: Hardware/Software Biometric Play With Revenue Momentum

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Clear Secure, Inc. (NYSE:YOU ) Q4 2022 Earnings Conference Call March 1, 2023 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 Dana Telsey - Telsey Advisory Group Joshua Reilly - Needham & Company Paul Chung - JPMorgan David Engel - Wells Fargo Ananda Baruah - Loop Capital Operator Good morning and welcome to CLEAR's Fiscal Fourth Quarter and Full Year 2022 Conference Call. We have with us today Ms.

Clear Secure, Inc. (YOU) Q4 2022 Earnings Call Transcript

NEW YORK , March 1, 2023 /PRNewswire/ -- Clear Secure, Inc. (NYSE: YOU) has posted a shareholder letter containing its 2022 fourth quarter and full-year 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 Fourth Quarter and Full Year 2022 Earnings

KANSAS CITY, Mo. , Feb. 27, 2023 /PRNewswire/ -- CLEAR (NYSE: YOU) today announced it is launching its identity verification technology at Kansas City International Airport (MCI) on Tuesday, February 28, bringing frictionless and predictable travel experiences to Kansas City.

CLEAR Launches New Lanes at Kansas City International Airport

NEW YORK, Feb. 15, 2023 /PRNewswire/ -- Clear Secure, Inc. (NYSE: YOU) today announced that it will report financial results for the fourth quarter and full year ending December 31, 2022 at approximately 6:30 a.m. ET on Wednesday, March 1, 2023.

CLEAR to Announce Fourth Quarter and Full Year 2022 Financial Results on March 1, 2023

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Expedited Identity Verification Service Now Available at 50 Airports MORRISVILLE, N.C., Jan. 25, 2023 /PRNewswire/ -- CLEAR (NYSE: YOU) today announced launching its identity verification technology at Raleigh-Durham International Airport (RDU), bringing frictionless and predictable travel experiences to its 50th airport.

CLEAR Launches New Lanes at Raleigh-Durham International Airport

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