Inspirato (ISPO) Q2 Earnings & Revenues Lag Estimates, Down Y/Y

Inspirato Incorporated (ISPO) reported drab second-quarter 2024 results, with earnings and revenues missing the Zacks Consensus Estimate. Both metrics declined on a year-over-year basis. Dismal Travel and Subscription revenues hampered ISPO's quarterly performance. However, operational efficiencies led to year-over-year improvements in the cost of revenues, gross margin, Adjusted EBITDA loss and negative free cash flow. The company completed a comprehensive transaction with One Planet, securing a $10-millio ...