Liberty Media Jumps 10 Percent as Q2 Sales, Ebitda Beat

Shares of John Malone’s Liberty Media Interactive (LINTA), owner of “QVC,” are up sharply this morning after the company beat Q2 expectations for revenue and operating profit.

Revenue fell, year over year, to $1.9 billion, the company reported, yielding adjusted Ebitda of $412 million. Still, that was ahead of the $1.834 billion and $345 million average estimate of analysts.

Revenue at QVC, which is most of the business, fell 4 percent to $1.7 billion, though that was an improvement from prior quarters, said QVC president and CEO Mike George.

Read the rest of this post on the original site

Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »