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.

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

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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).

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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.

Why Clear Secure Shares Are Surging Today

NEW YORK , May 16, 2022 /PRNewswire/ -- Today, CLEAR (NYSE: YOU) announced that CLEAR's Board of Directors has authorized a share repurchase program pursuant to which the Company may purchase up to $100 million of its Class A Common Stock.  "As CLEAR owners, we are intensely focused on economic capital allocation to maximize long-term returns, including opportunistic share repurchases," said Caryn Seidman-Becker, CEO of CLEAR.

CLEAR Announces $100 Million Share Repurchase Authorization

NEW YORK , May 16, 2022 /PRNewswire/ -- CLEAR (NYSE: YOU) has posted a shareholder letter containing its 2022 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 2022 Financial Results

NEW YORK , May 2, 2022 /PRNewswire/ -- CLEAR Secure, Inc. (NYSE: YOU) today announced that it will report financial results for the first quarter ending March 31, 2022 at approximately 6:30 a.m. ET on Monday, May 16, 2022.

CLEAR to Announce First Quarter 2022 Financial Results on May 16, 2022

SAN becomes CLEAR's 43rd airport nationwide and eighth airport in California amid surge in travel across the U.S. SAN DIEGO , April 26, 2022 /PRNewswire/ -- As airports across the country experience a surge in passengers, CLEAR (NYSE: YOU) today announced the launch of its expedited lanes in Terminal 2 at San Diego International Airport (SAN). SAN is CLEAR's eighth airport in California and 43rd nationally.

CLEAR Launches Expedited Lanes at San Diego International Airport

NEW YORK , April 18, 2022 /PRNewswire/ -- Today, CLEAR (NYSE: YOU), the secure identity company, announced that as of April 15, 2022 it has reached 12 million total cumulative enrollments across its platform. First launching in the airport with its expedited lanes, CLEAR continues to expand its technology and platform across travel, sports, entertainment, and healthcare.

CLEAR Announces 12 Million Members

ONT Marks Company's Sixth Airport in California, 41st in U.S. ONTARIO, Calif. , April 13, 2022 /PRNewswire/ -- CLEAR (NYSE: YOU) today announced the launch of its expedited lanes in both terminals at Ontario International Airport (ONT).

CLEAR Launches Expedited Lanes at Ontario International Airport

Clear Secure, Inc. (YOU) CEO Caryn Seidman-Becker on Q4 2021 Results - Earnings Call Transcript

NEW YORK , March 23, 2022 /PRNewswire/ -- CLEAR (NYSE: YOU) has posted a shareholder letter containing its 2021 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 2021 Financial Results

NEW YORK, March 9, 2022 /PRNewswire/ -- CLEAR Secure, Inc. (NYSE: YOU) today announced that it will report financial results for the fourth quarter and full year results ending December 31, 2021 at approximately 6:30 a.m. ET on Wednesday, March 23, 2022.

CLEAR Secure, Inc. to Announce Fourth Quarter and Full Year 2021 Financial Results on March 23, 2022

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WASHINGTON, Jan. 6, 2022 /PRNewswire/ --  Kastle Systems , a leader in property technology and America's largest managed security provider for commercial real estate and tenants, and CLEAR (NYSE: YOU), the secure identity company, have partnered to provide businesses with frictionless and secure ways to access spaces. The first of these offerings consists of integrating CLEAR's state-of-the-art Health Pass technology with Kastle's innovative Access Control system to provide a simple solution to help employers as company policies and mandated standards for workplace vaccination and testing continue to evolve.

Kastle Systems and CLEAR Partner to Create New and Seamless Ways to Access Spaces Safely and Securely

Secure identity company Clear Secure Inc (NYSE: YOU) acquired Whyline Inc, a leading virtual queuing and appointment technology provider, in an all-cash transaction.  The financial terms of the transaction remain undisclosed.

News for Clear Secure Stock (YOU)