secwatch.observer — SEC 8-K summary
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Issuer:     Clear Secure, Inc. (YOU)
CIK:        0001856314
Form:       8-K
Filed at:   2022-05-16T23:59:59+00:00
Accession:  0001856314-22-000011
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CLEAR reports Q1 revenue $90.5M (+79% YoY); net loss ($18.8M); authorizes $100M buyback
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- Revenue $90.5M, up 79% YoY; Total Bookings $107.8M, up 74% YoY.
- Net loss ($18.8M); Adjusted net loss ($5.0M); Diluted EPS ($0.13); Adjusted EPS ($0.03).
- CLEAR Plus net member retention 95.3%, up 1,810 bps YoY and 300 bps sequentially.
- Free Cash Flow $19.4M; Net cash from operations $24.9M.
- Board authorized $100M share repurchase program with no expiration date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856314/000185631422000011/0001856314-22-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856314/000185631422000011/you-20220516.htm
  HTML page:      https://secwatch.observer/filing/0001856314-22-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer