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, Jan. 4, 2022 /PRNewswire/ -- Today, CLEAR (NYSE: YOU), the secure identity company, announced it has acquired Whyline Inc., a leading provider of virtual queuing and appointment technology, in an all-cash transaction. With everything just a click away, consumers want control and predictability now more than ever.

CLEAR Acquires Virtual Queuing Company Whyline

Clear Secure came public in July 2021, raising $376 million. The company is a member-centric secure identity platform looking to redefine how individuals verify their identity everywhere.

Clear Secure Is A Buy Based On Optionality Alone

United Continental Hlds

Clear Secure Inc (NYSE: YOU) disclosed an ownership stake of 5.1% by United Airlines Holdings Inc (NASDAQ: UAL) in its regulatory filing. Clear Secure helps create a frictionless travel experience while enhancing security.

United Airlines Takes Stake In Clear Secure

Biometrics identification services company Clear Secure — known for its expedited airline screening products — is taking its technology beyond airports and into shopping malls and retailers, the Wall Street Journal reported on Thursday (Dec. 16). Terminals using biometrics and developed by Clear Secure were installed temporarily as part of a trial run this month […]

Biometrics ID Service for Air Travelers Clear Secure Coming to Retailers

COLUMBUS, Ohio, Dec. 15, 2021 /PRNewswire/ -- Today, CLEAR (NYSE: YOU) announced our trusted and secure identity technology and expedited lanes are now available at John Glenn Columbus International Airport (CMH), building on the company's presence in the Midwest and across Ohio's three largest metropolitan areas. Beginning today, CLEAR will have three expedited security lanes at CMH, ensuring full coverage at each of the airport's three concourses.

CLEAR Brings Expedited Security Screening to Columbus Amid Spike in Holiday Travel

Uber

Removing anxiety from transactions is like reducing friction: Better outcomes happen faster. In a new pact sure to reduce stress, save time and create efficiencies, the CLEAR identity app is partnering with Uber for a better end-to-end, door-to-door ride-hailing experience.

CLEAR's Uber Pact a Smart Chess Move With Major Growth Potential for Biometric ID

NEW YORK, Dec. 14, 2021 /PRNewswire/ -- Ahead of the busiest holiday travel season in recent years, CLEAR (NYSE: YOU), the secure identity company and Uber (NYSE: UBER), have announced a partnership that will integrate Uber's ride platform directly into the CLEAR app's "Home to Gate" feature. With this partnership, CLEAR app users will be able to use the Home To Gate feature and its data driven insights to find out exactly when to leave for their flight and reserve an Uber ride ahead of time - creating a more seamless, predictable travel experience.

CLEAR and Uber Partner to Help Make Travel More Predictable with "Home to Gate" App Integration

NEW YORK, Dec. 1, 2021 /PRNewswire/ -- Today, CLEAR (NYSE:YOU) announced its trusted and secure identity technology and expedited lanes are now available at Newark Liberty International Airport's (EWR) Terminal B. With this expansion, CLEAR's expedited security lanes are now available at Terminals B and C just ahead of the busy holiday travel season.

CLEAR Expands To Terminal B At Newark Liberty International Airport In Time For Holiday Travel Rush

NEW YORK, Nov. 19, 2021 /PRNewswire/ -- Today, CLEAR (NYSE: YOU), the secure identity company, commends the U.S.  House of Representatives and the U.S. Senate for bipartisan resolutions commemorating the 20th anniversary of the creation of the Transportation Security Administration (TSA) and formally honoring the services and sacrifices of their employees and officers. "This is a long deserved commemoration for the service and sacrifice of TSA's frontline employees and officers.

CLEAR Applauds House & Senate Resolutions Honoring TSA on 20th Anniversary

PALM BEACH, Fla., Nov. 18, 2021 /PRNewswire/ -- Today, CLEAR (NYSE: YOU) announced its trusted and secure identity technology and expedited lanes are now available at Palm Beach International Airport (PBI), building on the company's continued growth in South Florida and across the Sunshine State.

CLEAR Brings Expedited Security Screening to PBI Just Before Holiday Rush

Clear Secure, Inc. (YOU) CEO Caryn Seidman-Becker on Q3 2021 Results - Earnings Call Transcript

NEW YORK, Nov. 15, 2021 /PRNewswire/ -- CLEAR (NYSE: YOU) has posted a shareholder letter containing its 2021 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 2021 Earnings

NEW YORK, Nov. 10, 2021 /PRNewswire/ -- Today, CLEAR (NYSE: YOU), the secure identity company, applauds the bipartisan introduction of H.Res.780 , "honoring the services and sacrifices of TSA employees and officers on the occasion of the 20th anniversary of the creation of the Transportation Security Administration." The resolution was introduced by House Homeland Security Committee Chairman Rep.

CLEAR Applauds Bipartisan House Resolution Recognizing November 19 as "TSA Appreciation Day"

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.

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