Liberty Interactive (QVCA) Tops Q1 EPS Views

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Liberty Interactive Corporation Reports First Quarter 2016 Financial Results

May 9, 2016 8:15 AM EDT

ENGLEWOOD, Colo.--(BUSINESS WIRE)-- Liberty Interactive Corporation ("Liberty Interactive") (Nasdaq: QVCA, QVCB, LVNTA, LVNTB) today reported first quarter 2016 results. Highlights include(1):

Attributed to QVC Group

Grew QVC consolidated revenue by 4% and adjusted OIBDA(2) by 3% for the first quarter, excluding QVC France start-up expenses QVC consolidated operating income increased by 6% Grew QVC US revenue by 5% and adjusted OIBDA(2) by 7%, taking into account new cost allocations associated with ONE Q QVC US operating income increased by 14% QVC... More