Liberty Media Interactive (LINTA) reported solid top-line growth in the second quarter of 2010. Quarterly total revenue was $2,449 million, up 5.6% year over year and also above the Zacks Consensus Estimate of $2,039 million.
 
Quarterly total operating income was $187 million compared with $322 million in the year-ago quarter. In the second quarter 2010, consolidated adjusted OIBDA was $472 million compared with $520 million in the year-ago quarter. Quarterly earning from continuing operations before income taxes was $98 million compared with $653 million in the prior-year quarter.
 
At the end of the second quarter of 2010, Liberty Media had total consolidated cash of $4,106 million, down 21.3% sequentially. At the end of the reported quarter, Liberty Media had $8,155 million of debt outstanding, down 11.7% sequentially.
 
Liberty Interactive Group
 
Quarterly total revenue for the group was $2,053 million, up 6% year over year. Adjusted OIBDA was $428 million, up 4% year over year. Operating income was $274 million, up 3% year over year.
 
Within this segment, QVC revenue was $1,758 million, up 5% year over year. Adjusted OIBDA was $403 million, up 9% year over year. In the reported quarter, QVC domestic revenue increased 4% year over year and QVC international revenue increased 7% year over year.
 
eCommerce Business revenue was $295 million, up 15% year over year. Quarterly adjusted OIBDA was $28 million, down 36% year over year.
 
Liberty STARZ Group
 
Quarterly total revenue for the group was $311 million, up 4% year over year. Adjusted OIBDA was $103 million, down 1% year over year. Operating income was $96 million, up 28% year over year.

Within this segment, STARZ Entertainment revenue was $308 million, up 4% year over year. Adjusted OIBDA was $107 million, up 2% year over year.
 
Liberty Capital Group
 
Quarterly total consolidated revenue for the group was up 1% year over year. However, OIBDA deficit and operating loss increased by $63 million and $64 million respectively. Within this segment, Starz Media revenue was $84 million, down 6.6% year over year.

 
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