Overview

* Inspirato ( ISPO ) reports Q3 net loss of $4.5 mln, but adjusted EBITDA loss narrows sharply

* Cash operating expenses declined 26% yr/yr, reflecting operational improvements

* CFO Michael Arthur resigns, will stay through 2025 for transition

Outlook

* Inspirato ( ISPO ) expects full-year 2025 revenue between $235 mln and $240 mln

* Company forecasts 2025 adjusted EBITDA of $2 mln to $4 mln

* Inspirato ( ISPO ) anticipates cash operating expenses of $80 mln to $85 mln for 2025

Result Drivers

* COST REDUCTIONS - Cash operating expenses declined by $6.9 mln or 26% yr/yr due to operational improvements

* FOREIGN EXCHANGE IMPACT - Weaker U.S. dollar relative to Euro negatively impacted cost of revenue and adjusted EBITDA by $2.0 mln

* NEW MEMBERSHIP MODEL - Pre-sales for new Pass membership launched, offering greater value and flexibility

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Net -$4.52

Income mln

Q3 -$88,000

Adjusted

EBITDA

Analyst Coverage

* The one available analyst rating on the shares is "hold"

* The average consensus recommendation for the leisure & recreation peer group is "buy."

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)