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.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

LONG BEACH, Calif. , Jan. 24, 2023 /PRNewswire/ -- CLEAR (NYSE: YOU) today announced launching its identity verification technology at Long Beach Airport (LGB), its 9th airport in California and 49th airport nationally.

CLEAR Launches New Lanes at Long Beach Airport

Big Lots

Beyond Meat

GEO Group

Lemonade

Sonic Automotive

Warby Parker

In the first few weeks of 2023, the rise of risk-on assets (including cryptocurrencies) confirms that you don't want to make any assumptions about short-squeeze stocks. True, on an elemental basis, securities that attract an unusual volume of bearish pressure point to negative sentiment.

7 Short-Squeeze Stocks Ready to Make Hedge Funds Wince

Clear Secure is capturing strong demand for its identity verification platform as a service to save time at security checkpoints. Partnerships with airports, airlines and even the Transportation Security Administration highlight competitive advantages to drive growth.

Clear Secure: Talk About A Bullish Economic Moat

OKLAHOMA CITY , Dec. 19, 2022 /PRNewswire/ -- CLEAR (NYSE: YOU) today announced launching its identity verification technology at Will Rogers World Airport (OKC), bringing frictionless and predictable travel experiences to Oklahoma City. "With thousands of people expected to travel through OKC during the holidays, we're especially excited to offer this new service to our passengers to help make the airport experience more predictable and less stressful," said Oklahoma City Director of Airports Jeff Mulder.

CLEAR Launches New Lanes at Will Rogers World Airport

NEW YORK , Dec. 14, 2022 /PRNewswire/ -- The Las Vegas Raiders and Allegiant Stadium have named CLEAR (NYSE: YOU) an Official Fan Experience and the Official Secure Identity Partner. These designations reflect a new innovation partnership between CLEAR, the Las Vegas Raiders and Allegiant Stadium.

CLEAR Named an Official Fan Experience & the Secure Identity Partner of the Las Vegas Raiders and Allegiant Stadium

BOISE, Idaho , Nov. 15, 2022 /PRNewswire/ -- In advance of the busy holiday travel season, CLEAR (NYSE: YOU) today announced launching its secure identity technology at Boise Airport (BOI). CLEAR's launch at BOI is expected to create 23 jobs and generate approximately $1.4 million in local economic activity every year.

Ahead of Busy Holiday Travel Season, CLEAR Launches Expedited Identity Verification Lanes at Boise Airport

CLEAR to make donation for Hurricane Fiona relief on behalf of every member enrollment, verification made at SJU during November CAROLINA, Puerto Rico , Nov. 14, 2022 /PRNewswire/ -- CLEAR (NYSE: YOU) today announced the launch of its secure identity technology at Luis Muñoz Marín International Airport (SJU), which is operated by Aerostar Airport Holdings. SJU is the first airport outside the continental United States to feature CLEAR's signature expedited identity verification lanes.

CLEAR Partners with Aerostar Airport Holdings to Launch Expedited Identity Verification Lanes at Luis Muñoz Marín International Airport inPuerto Rico, First Airport Outside Continental U.S.

Clear Secure, Inc. (NYSE:YOU ) Q3 2022 Results Conference Call November 14, 2022 8:00 AM ET Company Participants Caryn Seidman-Becker - Chairman and CEO Ken Cornick - Co-Founder, President and Chief Financial Officer Conference Call Participants Dana Telsey - Tesley Group Paul Chung - JPMorgan Ananda Baruah - Loop Capital Operator Good morning, and welcome to CLEAR Quarter 3 2022 Earnings Conference Call. We have with us here, Ms.

Clear Secure, Inc. (YOU) Q3 2022 Earnings Call Transcript

NEW YORK , Nov. 14, 2022 /PRNewswire/ -- Clear Secure, Inc. (NYSE: YOU) today announced that CLEAR's Board of Directors has approved and declared a special cash dividend in the amount of $0.25 per share, payable on December 7, 2022, to holders of record of Class A Common Stock and Class B Common Stock as of the close of business on November 28, 2022 (the "Record Date"). "As we wrote in our IPO prospectus letter, we are fervent believers in the AND - growth, free cash flow, AND economic capital allocation to maximize long-term returns.

CLEAR Announces $0.25 Special Cash Dividend

NEW YORK , Nov. 14, 2022 /PRNewswire/ -- Clear Secure, Inc. (NYSE: YOU) has posted a shareholder letter containing its 2022 third 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 Third Quarter 2022 Earnings

NEW YORK , Nov. 11, 2022 /PRNewswire/ -- CLEAR (NYSE: YOU) and United Airlines today announced that United customers now have the ability to enroll in CLEAR through the award-winning United mobile app. This expands the relationship between the two companies, who are working closely together to further expand CLEAR Plus lanes to more airports and extend CLEAR frictionless experiences throughout the travel experience.

Customers can now sign up for CLEAR through the United App

NEW YORK , Oct. 31, 2022 /PRNewswire/ -- Clear Secure, Inc. (NYSE: YOU) today announced that it will report financial results for the third quarter ending September 30, 2022 at approximately 6:30 a.m. ET on Monday, November 14, 2022.

CLEAR to Announce Third Quarter 2022 Financial Results on November 14, 2022

Through the use of CLEAR's biometric screening kiosks, Clear Secure has garnered interest from within the travel industry, with airlines such as Delta and United taking stakes in the company. YOU has found its share price at levels that present the vigilant investor an opportunity.

Clear Secure: The Company Backed By An Industry

The partnership brings CLEAR's identity platform to hotels for a seamless and secure experience directly within Virdee's platform, solidifying Virdee as the leading solution for a fully contactless check-in experience NEW YORK and AUSTIN, Texas , Sept. 20, 2022 /PRNewswire/ -- Virdee has announced it will implement CLEAR's (NYSE: YOU) secure identity platform to power its industry leading digital, self-service check-in solutions.

Virdee and CLEAR Partner for Frictionless Hotel Check-in

AVEO Pharma

Mind Medicine MindMed

NAPCO Security Technologies

Proto Labs

Increased analyst coverage over the past few weeks may lead to solid price appreciation for stocks like Napco Security (NSSC), Proto Labs (PRLB), Clear Secure (YOU), AVEO and Mind Medicine (MNMD).

5 Top Stocks to Buy on New Analysts' Coverage

The average of price targets set by Wall Street analysts indicates a potential upside of 25.6% in Clear Secure (YOU). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Predict a 26% Upside in Clear Secure (YOU): Here's What You Should Know

Clear Secure, Inc. (NYSE:YOU ) Q2 2022 Earnings Conference Call August 15, 2022 8:00 AM ET Company Participants Caryn Seidman-Becker - Chairman & CEO Ken Cornick - President & CFO Conference Call Participants Dana Telsey - Telsey Advisor Group Paul Chung - JPMorgan Michael Turrin - Wells Fargo Securities Brian Essex - Goldman Sachs Ananda Baruah - Loop Capital Markets Operator Good morning and welcome to the Clear Second Quarter 2022 Earnings Conference Call. We have with us here -- with us today, Ms.

Clear Secure, Inc. (YOU) CEO Caryn Seidman-Becker on Q2 2022 Results - Earnings Call Transcript

Clear Secure (YOU) delivered earnings and revenue surprises of 100% and 2.51%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Clear Secure (YOU) Reports Break-Even Earnings for Q2

NEW YORK , Aug. 15, 2022 /PRNewswire/ -- Clear Secure, Inc. (NYSE: YOU) has posted a shareholder letter containing its 2022 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 2022 Earnings

Amid summer travel surge, MKE becomes CLEAR's 45th airport nationwide MILWAUKEE , Aug. 9, 2022 /PRNewswire/ -- CLEAR (NYSE: YOU) today announced it is launching its expedited security screening lanes at Milwaukee Mitchell International Airport (MKE). MKE is CLEAR's first airport in Wisconsin and 45th across the U.S. The launch is expected to create 34 jobs and generate more than $2.6 million in local economic activity.

CLEAR Launches Expedited Lanes at Milwaukee Mitchell International Airport, Marking Fifth New Airport This Year

NEW YORK , Aug. 1, 2022 /PRNewswire/ -- CLEAR Secure, Inc. (NYSE: YOU) today announced that it will report financial results for the second quarter ending June 30, 2022 at approximately 6:30 a.m. ET on Monday, August 15, 2022.

CLEAR Secure, Inc. to Announce Second Quarter 2022 Financial Results on August 15, 2022

CLEAR's expedited lanes now available at Greenville-Spartanburg International Airport, marking fourth launch this year and 44th in the country GREER, S.C. , June 22, 2022 /PRNewswire/ -- CLEAR (NYSE: YOU) today announced the launch of our trusted and secure identity technology at Greenville-Spartanburg International Airport (GSP).

CLEAR Partners with Greenville-Spartanburg International Airport, Launches at First Airport in the Carolinas

Virtual Queuing Program Allows Passengers To Reserve A Slot For TSA Security for Stress-Free, Predictable Travel QUEENS, N.Y. , May 25, 2022 /PRNewswire/ -- CLEAR (NYSE: YOU) and JFKIAT, the operator of Terminal 4 at John F.

CLEAR Launches Free Reserve powered by CLEAR Lane at Terminal 4 in John F. Kennedy International Airport

Clear Secure, Inc. (NYSE:YOU ) Q1 2022 Earnings Conference Call May 16, 2022 8:00 AM ET Company Participants Caryn Seidman-Becker - Chairman & Chief Executive Officer Ken Cornick - President & Chief Financial Officer Conference Call Participants Paul Chung - JPMorgan Dana Telsey - Telsey Group Michael Berg - Wells Fargo Brian Essex - Goldman Sachs Ananda Baruah - Loop Capital Operator Good morning and welcome to the Clear First Quarter 2022 Earnings Conference Call. We have with us here, Ms.

Clear Secure, Inc. (YOU) CEO Caryn Seidman-Becker on Q1 2022 Results - Earnings Call Transcript

Clear Secure, Inc (NYSE: YOU) reported first-quarter FY22 revenue growth of 79.1% year-on-year to $90.5 million, beating the consensus of $88.3 million. Clear Secure saw a continuation of the strong travel trends experienced in the fourth quarter, driving both membership growth and.

News for Clear Secure Stock (YOU)