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, 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.

Wall Street Enlists Main Street For IPO Advantage

Clear cofounder and CEO Caryn Seidman-Becker guided her company through Covid and to a buzzy IPO Wednesday: the biometric security company saw shares soar in their public market debut, and Seidman-Becker sees applications for her company that go well beyond the airport.

As Clear Secure Takes Off In $4.5 Billion IPO, CEO Caryn Seidman-Becker Eyes A ‘Frictionless' Future

Clear Secure has revealed details of its initial public offering (IPO) as shares of its stock prepare to start trading today. The post CLEAR IPO: 12 Things to Know About YOU Stock as ID Verification Play Clear Secure Secure Goes Public appeared first on InvestorPlace.

CLEAR IPO: 12 Things to Know About YOU Stock as ID Verification Play Clear Secure Secure Goes Public

Biometric screening company CLEAR made its market debut Wednesday on the New York Stock Exchange and is now trading under the ticker symbol “YOU.”

Biometric screening company CLEAR opens higher in its first trade as public company

NEW YORK, June 29, 2021 /PRNewswire/ -- CLEAR Secure, Inc. ("CLEAR") today announced the pricing of its initial public offering of 13,200,000 shares of its Class A common stock at an initial offering price of $31.00 per share. CLEAR has granted the underwriters a 30-day option to purchase up to an additional 1,980,000 shares of Class A common stock at the initial public offering price, less underwriting discounts and commissions.

CLEAR Secure, Inc. Announces Pricing of Initial Public Offering

Clear Secure has filed to raise $376 million in a U.S. IPO. The firm provides preferred access security services to venues and transportation in the United States.

News for Clear Secure Stock (YOU)