Clear Secure, Inc. (YOU) Q4 2024 Earnings Call Transcript

Feb. 26, 2025 12:04 PM ETClear Secure, Inc. (YOU) StockYOU
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Q4: 2025-02-26 Earnings Summary

EPS of $0.90 beats by $0.61
 | Revenue of $206.27M (20.65% Y/Y) beats by $4.06M

Clear Secure, Inc. (NYSE:YOU) Q4 2024 Earnings Conference Call February 26, 2025 8:00 AM ET

Company Participants

Caryn Seidman-Becker - Chairman & CEO
Ken Cornick - President, CFO & Director

Conference Call Participants

Joshua Reilly - Needham & Co
Ben Miller - Goldman Sachs
Cory Carpenter - JPMorgan
Dana Telsey - Telsey Advisory Group
Mark Kelley - Stifel
Michael Turrin - Wells Fargo

Operator

Good morning, and welcome to CLEAR's Fiscal Fourth Quarter 2024 Conference Call. We have with us today, Caryn Seidman-Becker, Co-Founder, Chair and Chief Executive Officer; and Ken Cornick, Co-Founder, President and Chief Financial Officer.

As a reminder, before we begin, today's discussion contains forward-looking statements about the company's future business and financial performance. These are based on management's current expectations and are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these statements are included in the documents the company has filed and furnished with the SEC, including today's shareholders' letter. The company disclaims any obligation to update any forward-looking statements that may be discussed during this call.

During this call, the company will discuss both GAAP and non-GAAP financial measures. A reconciliation of GAAP to non-GAAP financial measures is provided in today's shareholder letter and the most recently filed annual report on Form 10-K. These items can be found in the Investor Relations section of CLEAR's website.

With that, I'll turn the call over to Caryn.

Caryn Seidman-Becker

Good morning, and thank you for joining our fourth quarter 2024 earnings call. 2024 was a transformational year for CLEAR as our momentum accelerated, bringing our secure identity platform to more people in more places. A secure identity platform has never been more important. In the booming travel industry, the need to strengthen security and create frictionless experiences is critical. Enterprises feel the sense of urgency to prevent

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