secwatch.observer — SEC 8-K summary
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Issuer:     Clear Secure, Inc. (YOU)
CIK:        0001856314
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001856314-24-000132
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clear Secure Q3 revenue $198.4M (+23.7% YoY); net income $38M, EPS $0.25
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- Revenue of $198.4M (+23.7% YoY); Total Bookings $227.5M (+18.7% YoY).
- Operating income $35.1M; Adjusted EBITDA $48.6M; Net income $38.0M.
- Basic and diluted EPS $0.25, all GAAP positive for the quarter.
- Free Cash Flow negative $(37.9)M due to ~$182M annual outflow to credit card partner.
- Repurchased 4M shares (previously disclosed); active in 58 CLEAR Plus airports.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856314/000185631424000132/0001856314-24-000132-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856314/000185631424000132/you-20241107.htm
  HTML page:      https://secwatch.observer/filing/0001856314-24-000132

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