secwatch.observer — SEC 8-K summary
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Issuer:     Clear Secure, Inc. (YOU)
CIK:        0001856314
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0001856314-23-000007
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clear Secure Q1 revenue up 46% to $132.4M; declares $0.20 special dividend
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- Revenue $132.4M (+46.2% YoY); Total Bookings $149.7M (+38.9% YoY).
- Net loss $8.3M (-$0.06/share); Adjusted net income $8.8M ($0.06/share).
- Free Cash Flow $51.3M; Cumulative Enrollments 16.2M (+37.1%).
- CLEAR Plus Annual Net Member Retention 91.3% (down 400 bps YoY).
- Declared $0.20 special dividend payable May 25, 2023; repurchased 281,838 shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856314/000185631423000007/0001856314-23-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856314/000185631423000007/you-20230509.htm
  HTML page:      https://secwatch.observer/filing/0001856314-23-000007

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