Clear Secure Inc - YOU STOCK NEWS

CLEAR (NYSE: YOU) and Surescripts have released a joint case study showcasing their collaboration to enhance healthcare identity security and provider access. The partnership has delivered significant improvements in identity verification:

- 2x higher verification success rate: Providers achieved 80% success rate with CLEAR vs 41% with legacy solution
- 40% faster process: Quick one-time setup with selfie verification
- 50% boost in provider onboarding completion

The collaboration focuses on implementing IAL2 compliance across Surescripts' network, utilizing CLEAR's biometric authentication and source corroboration. This partnership addresses growing security concerns, particularly notable as over 156 million Americans had their healthcare records compromised in 2024.

CLEAR (NYSE: YOU) has expanded its TSA PreCheck® enrollment services by opening a new location at the Salesforce Transit Center in downtown San Francisco, marking its first non-airport location in the area. This complements CLEAR's existing network of 58 airport-based enrollment locations across the U.S.

The new facility, located in the Grand Hall, operates Monday through Friday (8 AM - 6 PM PT) and weekends (10 AM - 5 PM PT). This expansion is part of CLEAR's strategy to enhance convenience by launching additional locations and extended operating hours throughout 2025.

TSA PreCheck members enjoy expedited security screening, with 99% waiting less than 10 minutes at checkpoints. Benefits include keeping shoes, belts, light jackets on, and laptops and compliant liquids in carry-on bags.

CLEAR (NYSE: YOU) has announced the extension of its partnership with American Express for a second one-year renewal term. The collaboration, which began in 2019, allows eligible American Express Card Members to receive up to $199 in annual statement credits for CLEAR Plus Membership when enrolling and paying with qualifying American Express credit cards.

CLEAR Plus provides members with an expedited airport experience across its nationwide network using face-first technology for rapid identity verification. The benefit remains available to U.S. Card Members holding Personal, Corporate, and Small Business Platinum Cards, American Express Green Cards, and Hilton Honors American Express Aspire Cards.

CLEAR (NYSE: YOU), an official TSA PreCheck® enrollment provider, announces the expansion of its services with five new enrollment locations, bringing its total to 58 locations across the United States. The new airports added are Sarasota Bradenton International (SRQ), Baltimore/Washington International (BWI), Gerald R. Ford International (GRR), Phoenix Sky Harbor International (PHX), and Portland International (PDX).

The expansion aims to provide more convenience for travelers seeking TSA PreCheck enrollment and renewals throughout 2025. TSA PreCheck members enjoy expedited security screening, with 99% of members waiting less than 10 minutes at checkpoints nationwide. Benefits include keeping shoes, belts, and light jackets on, plus laptops and compliant liquids in carry-on bags during security screening.

CLEAR (NYSE: YOU) announces expansion of its TSA PreCheck® enrollment services with new locations at four Simon® malls across the United States. The new enrollment centers are located at Sawgrass Mills (Sunrise, Florida), The Florida Mall (Orlando), The Galleria (Houston), and Lenox Square (Atlanta), marking CLEAR's first non-airport locations in these areas.

These additions complement CLEAR's existing network of 56 airport-based enrollment locations and select Staples stores nationwide. The expansion aims to provide more convenient access for travelers to enroll or renew their TSA PreCheck memberships throughout 2025. Operating hours vary by location, with most centers open daily from 11 AM to 7 PM ET.

TSA PreCheck members enjoy expedited security screening, with 99% of members waiting less than 10 minutes at airport checkpoints nationwide. Benefits include keeping shoes, belts, and light jackets on, plus laptops and compliant liquids in carry-on bags during screening.

CLEAR (NYSE: YOU) announced significant leadership changes as Ken Cornick, Co-Founder, President, and CFO, transitions to an advisory role. Michael Barkin, a board member since 2019 and former EVP/CFO of Vail Resorts, will assume the role of President effective March 31, 2025. Additionally, Jen Hsu, previously VP of Corporate Development at Chewy, has been appointed as CFO.

Under Cornick's 15-year tenure, CLEAR evolved from a travel-focused platform with 190,000 members to a comprehensive secure identity platform serving over 30 million members across physical and digital experiences. Barkin brings extensive strategic and operational experience from his roles at Vail Resorts, KRG Capital, and Bain Capital. Hsu contributes significant financial expertise from her leadership positions at Chewy, JPMorgan, and Goldman Sachs.

Clear Secure (NYSE: YOU) has released its fourth quarter and full year 2024 financial results through a shareholder letter posted on its investor relations website. The secure identity platform company will discuss these results during a conference call scheduled for 8:00 AM ET.

U.S. participants can join the teleconference by dialing 877-407-3089, while international participants can dial +1-215-268-9854. A webcast replay will be made available on the company's investor relations website following the event.

CLEAR (NYSE: YOU), an authorized TSA PreCheck® enrollment provider, has opened a new location at Plaza Las Américas in San Juan, Puerto Rico. This marks CLEAR's first non-airport location in San Juan for TSA PreCheck enrollment and renewal services, complementing its 55 airport-based locations across the U.S.

The new location at the Caribbean's largest shopping center operates Monday through Saturday from 11 a.m. to 7 p.m. AST, and Sunday from Noon to 7 p.m. AST. Throughout 2025, CLEAR plans to continue expanding its national TSA PreCheck enrollment footprint with additional locations and extended hours.

TSA PreCheck members enjoy expedited security screening, with about 99% of members waiting less than 10 minutes at airport checkpoints nationwide. New applicants can pre-enroll or find enrollment locations at CLEAR's authorized TSA PreCheck website, while most existing members can renew directly online regardless of their original enrollment provider.

CLEAR (NYSE: YOU) has announced multiple shareholder-friendly initiatives. The Board of Directors declared a quarterly dividend of $0.125 per share and a special cash dividend of $0.27 per share, both payable on March 18, 2025, to holders of Class A and B Common Stock as of March 10, 2025.

The company will fund these dividends through cash distributions from Alclear Holdings, , comprising both mandatory tax and discretionary distributions. Additionally, the Board has authorized a $200 million increase to its existing share repurchase program, bringing the total remaining authorization to approximately $232 million after utilizing about $68 million post-Q324.