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, Nov. 10, 2021 /PRNewswire/ --  CLEAR (NYSE: YOU), the secure identity company, announced today that a new member enrollment and identity verification process - "High Assurance Mobile Enrollment" - has been approved as a Component Service by Kantara Initiative.  This is in compliance with the requirements of the National Institute of Standards and Technology (NIST) SP 800-63 rev.3 Class of Approval at Identity Assurance Level 2 (IAL2).

CLEAR's "High Assurance Mobile Enrollment" Receives IAL2 Certification from Kantara

NEW YORK, Nov. 9, 2021 /PRNewswire/ -- Today, CLEAR (NYSE: YOU), the secure identity company, announced it has updated the free CLEAR mobile app to enable users to add their COVID-19 vaccine booster shot to their proof of vaccination. With the U.S. Food and Drug Administration's (FDA) ongoing approval of booster shots, CLEAR's innovative Health Pass and digital vaccine card are making it easy for individuals to show proof of vaccination every step of the way.

CLEAR Adds Booster Shot Capability to Health Pass & Digital Vaccine Card

NEW YORK, Nov. 4, 2021 /PRNewswire/ --  CLEAR (NYSE: YOU), the secure identity company, today announced its collaboration with Microsoft for the rollout of Microsoft's Azure Active Directory (AD) verifiable credentials - a digital identity solution that enables users to confirm information about themselves with organizations while limiting what is shared. As CLEAR continues to expand its digital identity platform, this future integration will enable participating CLEAR members to leverage their CLEAR identity in even more places, without compromising privacy and security.

CLEAR Collaborates with Microsoft to Create More Secure Digital Experience Through Verification Credential

BOSTON, Nov. 4, 2021 /PRNewswire/ -- Today, CLEAR (NYSE:YOU) announced its trusted and secure identity technology and expedited lanes are now available at Boston Logan International Airport's (BOS) Terminal B. With this expansion, CLEAR's expedited security lanes are now available at Terminals A and B.

CLEAR Expands To Terminal B At Boston Logan International Airport

NEW YORK, Nov. 2, 2021 /PRNewswire/ -- Following a successful pilot involving thousands of patients, Hospital for Special Surgery (HSS), is expanding its use of CLEAR's (NYSE: YOU) Health Pass to make the health screening at entrances easier, faster, and safer for patients and guests. HSS will become the first hospital in the U.S. to offer such technology to guests, which will provide a safe, secure way to share vaccination status.

HSS Becomes First Hospital in U.S. to Implement CLEAR's Health Pass for Patient Safety, Convenience

NEW YORK, Nov. 1, 2021 /PRNewswire/ -- CLEAR Secure, Inc. (NYSE: YOU) today announced that it will report financial results for the third quarter ending September 30, 2021 at approximately 6:30 a.m. ET on Monday, November 15, 2021.

CLEAR Secure, Inc. to Announce Third Quarter 2021 Financial Results on November 15, 2021

NEW YORK, Oct. 21, 2021 /PRNewswire/ -- Today, CLEAR (NYSE: YOU), the secure identity company, announced the launch of its newest service offering, "Reservation Lane powered by CLEAR" at Orlando International Airport (MCO). This new, free travel experience powered by CLEAR will allow travelers at MCO to plan ahead and reserve a dedicated security lane time slot for their party - giving travelers more control over their time and more predictability in their travel experience.

CLEAR Launches Airport Reservation Lane with Orlando International Airport

NEW YORK, Oct. 6, 2021 /PRNewswire/ -- Six Flags Entertainment Corporation, the world's largest regional theme park company and largest operator of waterparks in North America, and CLEAR (NYSE: YOU), the secure identity company, announced that starting October 7 on days designated as "mega events," all guests will be able to use the CLEAR app and digital vaccine card feature for proof of vaccination and expedited entry at Six Flags Magic Mountain. Six Flags is the first major theme park to partner with CLEAR - creating a seamless, secure experience for theme park guests.

Six Flags Partners with CLEAR for Proof of Vaccination at Magic Mountain

LOS ANGELES, Oct. 5, 2021 /PRNewswire/ -- Today, CLEAR (NYSE: YOU) announced its trusted and secure identity technology and expedited lanes are now available at the Tom Bradley Terminal of the Los Angeles International Airport (LAX).  With this expansion, CLEAR's expedited security lanes are now available at all nine LAX airport terminals.

CLEAR Expands To All Terminals At Los Angeles International Airport

NEW YORK, Oct. 4, 2021 /PRNewswire/ -- Today, CLEAR (NYSE: YOU) announced iPhone users can now securely share verifiable health records from the Apple Health app with CLEAR's Health Pass - empowering users with greater access and control of their health information. With iOS 15, iPhone users who have downloaded and stored verified COVID-19 vaccination records in the Health app are now able to securely share them for use on their Health Pass for seamless access to CLEAR's nationwide network of Health Pass partner locations.

CLEAR's Health Pass Integrates with Apple's Health app for Verifiable Proof of Vaccination on iPhone

Rite Aid

CAMP HILL, Pa.--(BUSINESS WIRE)--Rite Aid (NYSE: RAD) today announced a partnership with CLEAR (NYSE: YOU), the secure identity company, to offer Rite Aid customers the ability to access and share their proof of COVID-19 vaccination with CLEAR's digital vaccine card and Health Pass. Customers vaccinated at any Rite Aid location can supplement their paper vaccination card with a verified digital version accessible on their mobile device. The secure digital vaccine card can be linked to CLEAR's H

Rite Aid Partners With CLEAR to Offer Digital Vaccine Card

NEW YORK, Sept. 14, 2021 /PRNewswire/ -- Tappit , the global cashless and data experts, and CLEAR (NYSE:YOU), the secure identity company, today announced a strategic partnership designed to expand and enhance their collective offerings for entertainment, professional sports, colleges and retail sites.

Tappit and CLEAR Announce Strategic Partnership to Help Shape a Secure Contactless Future

NEW YORK, Sept. 13, 2021 /PRNewswire/ -- As restaurants grapple with evolving vaccine requirements and the complexity of operating amidst COVID-19, Resy, the hospitality technology platform owned by American Express, is partnering with CLEAR (NYSE: YOU), the secure identity company, to provide CLEAR's Health Pass technology to all Resy restaurants free of charge through 2022.

Resy and American Express Partner with CLEAR to Provide Free Health Pass by CLEAR To All Resy Restaurants

NEW YORK, Sept. 8, 2021 /PRNewswire/ -- As states and cities continue to announce vaccine requirements to protect public health, CLEAR (NYSE: YOU), the secure identity company, is launching the "Come Back Better" initiative to help businesses and organizations safely keep going.

CLEAR Launches "Come Back Better" Initiative to Keep Our Communities Going

NEW YORK, Aug. 30, 2021 /PRNewswire/ -- Today, CLEAR (NYSE: YOU), the secure identity company, and Checkr, the leading technology company in the background check industry, announced a strategic partnership of CLEAR's identity verification technology platform with Checkr's background check platform - simplifying and securing the screening process for job applicants and employers with CLEAR's trusted identity verification. Job candidates and employers of all sizes and across industries will be able to leverage this new, scalable hiring solution for a more trusted and expedited hiring process.

CLEAR and Checkr Partner on Frictionless Background Check Process

Booking Hlds

SAN FRANCISCO, Aug. 23, 2021 /PRNewswire/ --  As the Delta variant spreads and more cities require proof of vaccination for indoor dining, OpenTable , the world's leading provider of online restaurant reservations and part of Booking Holdings Inc. (NASDAQ: BKNG), and CLEAR (NYSE: YOU), the secure identity company, are partnering to offer diners a simple way to show proof of vaccination at a restaurant through CLEAR's digital vaccine card. OpenTable Adds CLEAR's digital vaccine card for easy proof of vaccination "Our partnership with CLEAR furthers our commitment to help both restaurants and diners navigate dining out in the next chapter of the pandemic," said Debby Soo, CEO, OpenTable.

OpenTable And CLEAR Partner to Help Restaurants Streamline Proof Of Vaccination Requirements Across The US

Clear Secure, Inc. (YOU)  CEO Caryn Seidman-Becker on Q2 2021 Results - Earnings Call Transcript

NEW YORK, Aug. 16, 2021 /PRNewswire/ --  CLEAR (NYSE: YOU) has posted a shareholder letter containing its 2021 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 2021 Earnings

NEW YORK, Aug. 2, 2021 /PRNewswire/ -- CLEAR Secure, Inc. (NYSE: YOU) today announced that it will report financial results for the second quarter ending June 30, 2021 at approximately 6:30 a.m. ET on Monday, August 16, 2021.

CLEAR Secure, Inc. to Announce Second Quarter 2021 Financial Results on August 16, 2021

NEW YORK, July 16, 2021 /PRNewswire/ --  Today, the State of Hawaii and CLEAR (NYSE: YOU) announced that they have expanded their Health Pass partnership to include "CDC card upload" for proof of vaccination through the Hawaii Safe Travels program. With this latest announcement, CLEAR's Health Pass can now be used by all fully vaccinated adults in the United States traveling on any airline from any mainland airport to Hawaii.

State Of Hawaii And CLEAR Expand Safe Travels Health Pass Partnership to Cover All Vaccinated Travelers

T. Rowe Price Associates, Inc held beneficial ownership of 27.6% in Clear Secure Inc (NYSE: YOU) as per SC 13G filed Jul. 12. T. Rowe Price New Horizons Fund, Inc held 16.8% ownership.

Clear Secure Reports Institutional Ownership

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NEW YORK, July 9, 2021 /PRNewswire/ -- CLEAR (NYSE: YOU) and the State of Hawaii have partnered to expand the use of CLEAR's Health Pass technology for COVID-19 test screening and vaccine verification of all Hawaii-bound travelers through the Hawaii Safe Travels program. Starting on July 9th, passengers over the age of 18 from every U.S. mainland airport and on any airline may utilize CLEAR's Health Pass as part of the Hawaii Safe Travels testing and vaccine requirements for arrival in all airports in Hawaii - making it simple and easy to travel to Hawaii without being subjected to a 10-day quarantine period.

State Of Hawaii And CLEAR Partner To Expand Safe Travels Program Across The U.S.

Clear Secure has seen a very successful public offering as investors like the potential of this business. I like the potential of the company and resilient performance throughout the pandemic.

Clear Secure: Secure Solutions, Perhaps A Secure Investment As Well

Goldman Sachs

Goldman Sachs, which consistently tops the equity capital markets rankings, has enlisted trading platform Robinhood Markets to help it sell shares of Clear Secure in the initial public offering set for this week. GS, along with fellow underwriters JPMorgan, Allen & Company and Wells Fargo, will give as much as 1% of the $455 million deal to Robinhood, which will then offload shares to retail investors through its trading unit.

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