Clear Secure Stock News

Clear Secure's Q2 earnings continue to demonstrate strong revenue growth and margin expansion. The company maintains a 'Rule of 60' status, combining high growth and profitability. Clear is committed to returning capital to shareholders, evidenced by dividends and share repurchases, totaling over $230 million in the past year.

NEW YORK , Sept. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 23, to coincide with the quarterly rebalance.

Clear Secure, Inc. shows strong growth with Q2 2024 EPS of $0.34, revenue up 24.60%, and expanding TSA PreCheck services. Despite high debt and reliance on specific revenue streams, Clear Secure's growing membership and partnerships indicate promising future prospects. The company's valuation is high, with a P/E ratio of 27.87x, but strong earnings growth and cash flow justify a “Buy” rating.

Investors in identity verification technology company Clear Secure (NYSE: YOU ) are certainly seeing plenty of green on the screen today. Indeed, shares of YOU stock are surging more than 25% at the time of this writing after the company reported second-quarter earnings which beat on both the top and the bottom line.

Clear Secure, Inc. (NYSE:YOU ) Q2 2024 Earnings Conference Call August 6, 2024 8:00 AM ET Company Participants Caryn Seidman-Becker - Co-Founder, Chairman & Chief Executive Officer Ken Cornick - Co-Founder, President & Chief Financial Officer Conference Call Participants Joshua Reilly – Needham Dana Telsey - Telsey Advisory Group Ben Miller - Goldman Sachs Cory Carpenter - JPMorgan Mark Kelley ...

NEW YORK , Aug. 6, 2024 /PRNewswire/ -- Clear Secure, Inc. (NYSE: YOU), the secure identity company, has posted a shareholder letter containing its 2024 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.

NEW YORK , Aug. 5, 2024 /PRNewswire/ -- CLEAR Secure, Inc. (NYSE: YOU), ("CLEAR ", or "The Company"), the secure identity company, announced the repurchase of 4,000,000 shares of Class A Common Stock in the third quarter of 2024 pursuant to a block share purchase agreement with Delta Air Lines, Inc. ("Delta") (NYSE: DAL). Delta continues to own 4,277,958 shares of CLEAR's Class C Common Stock.

NEW YORK , Aug. 2, 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 $0.10 per share, payable on September 17, 2024 to holders of record of Class A Common Stock and Class B Common Stock as of the close of business on September 10, 2024. The Company will fund the paymen...