Profile
Sector:
TechnologyIndustry:
Software ApplicationCountry:
United StatesIPO:
30 June 2021Website:
http://www.clearme.comNext earnings report:
28 February 2025Last dividends:
10 September 2024Next dividends:
10 December 2024Price
regular market | 8 min agoAnalysts recommendations
Institutional Ownership
YOU Latest News
NEW YORK, NY / ACCESSWIRE / November 21, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Clear Secure, Inc. ("Clear Secure, Inc.") (NYSE:YOU) concerning possible violations of federal securities laws. On November 7, 2024, Clear published its third quarter results, reporting a slowdown in new users of its annual membership service.
NEW YORK, NY / ACCESSWIRE / November 20, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Clear Secure, Inc. ("Clear Secure, Inc.") (NYSE:YOU) concerning possible violations of federal securities laws. On November 7, 2024, Clear published its third quarter results, reporting a slowdown in new users of its annual membership service.
NEW YORK, NY / ACCESSWIRE / November 13, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Clear Secure, Inc. ("Clear Secure, Inc.") (NYSE:YOU) concerning possible violations of federal securities laws. On November 7, 2024, Clear published its third quarter results, reporting a slowdown in new users of its annual membership service.
Zacks.com users have recently been watching Clear Secure (YOU) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Clear Secure continues to exhibit strong revenue growth, with a 23.7% increase in Q3 and a 28.8% year-over-year rise, driven by new members and price increases. Despite a slight EPS miss, Clear's ability to raise prices with minimal churn and their 25% dividend increase demonstrate prudent financial management and shareholder commitment. Clear's B2B partnerships, such as with Uber, enhance revenue quality and create a competitive moat, crucial for sustained growth and reduced customer churn.
Clear Secure, Inc. (NYSE:YOU ) Q3 2024 Earnings Call Transcript November 7, 2024 8:00 AM ET Company Participants Caryn Seidman-Becker - Co-Founder, Chair and CEO Ken Cornick - Co-Founder, President and CFO Conference Call Participants Joshua Reilly - Needham Ben Miller - Goldman Sachs Sarang Vora - Telsey Group Mark Kelley - Stifel Michael Turrin - Wells Fargo Operator Good morning, and welcome to CLEAR's Fiscal Year Third Quarter 2024 Conference Call. We have with us today, Caryn Seidman-Becker, Co-Founder, Chair and Chief Executive Officer; and Ken Cornick, Co-Founder, President and Chief Financial Officer.
Clear Secure (YOU) came out with quarterly earnings of $0.30 per share, missing the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.21 per share a year ago.
NEW YORK , Nov. 7, 2024 /PRNewswire/ -- Clear Secure, Inc. (NYSE: YOU), the secure identity company, has posted a shareholder letter containing its 2024 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.
As YOU gears up to report third-quarter earnings, let us find out how the expectations stack up and whether it is the right time to buy the stock.
NEW YORK , Oct. 31, 2024 /PRNewswire/ -- Clear Secure, Inc. (NYSE: YOU) ("CLEAR" or the "Company") today announced that its Board of Directors (the "Board") declared a regular quarterly dividend of $0.125 per share, payable on December 17, 2024 to holders of record of Class A Common Stock and Class B Common Stock as of the close of business on December 10, 2024. The Company will fund the payment of the quarterly dividend from proportionate cash distributions by its subsidiary.
What type of business is Clear Secure?
Clear Secure, Inc. operates a secure identity platform under the CLEAR brand name primarily in the United States. Its secure identity platform is a multi-layered infrastructure consisting of front-end, including enrollment, verification, and linking, as well as back-end. The company also offers CLEAR Plus, a consumer aviation subscription service, which enables access to predictable entry lanes in airport security checkpoints, as well as access to broader network; and CLEAR mobile app, which is used to enroll new members and improve the experience for existing members. In addition, it provides RESERVE powered by CLEAR, a virtual queuing technology that provides users with the ability to book a dedicated time slot to go through security at the airport; CLEAR Verified, a B2B offering that extends secure identity platform to partners to create friction-free experiences for their customers; TSA PreCheck Enrollment Provided by CLEAR, as well as online renewal services; Atlas Certified, an automated solution to verify professional licenses and certification data across industries; and Sora ID that enables adding know your customer services to platform offerings, as well as virtual queuing technology that enables customers to manage lines. The company was founded in 2010 and is headquartered in New York, New York. Clear Secure, Inc. is a subsidiary of Alclear Investments, Llc.
What sector is Clear Secure in?
Clear Secure is in the Technology sector
What industry is Clear Secure in?
Clear Secure is in the Software Application industry
What country is Clear Secure from?
Clear Secure is headquartered in United States
When did Clear Secure go public?
Clear Secure initial public offering (IPO) was on 30 June 2021
What is Clear Secure website?
https://www.clearme.com
Is Clear Secure in the S&P 500?
No, Clear Secure is not included in the S&P 500 index
Is Clear Secure in the NASDAQ 100?
No, Clear Secure is not included in the NASDAQ 100 index
Is Clear Secure in the Dow Jones?
No, Clear Secure is not included in the Dow Jones index
When was Clear Secure the previous earnings report?
No data
When does Clear Secure earnings report?
The next expected earnings date for Clear Secure is 28 February 2025