Liberty Media Q3 Profit Slides - Quick Facts

(RTTNews) - Liberty Media Corporation(LMCA), Tuesday reported a decrease in third-quarter profit, in spite of a surge in revenues. The results included other expenses of $38 million, compared with other income of $240 million last year.

Net earnings attributable to Liberty stockholders was $116 million, compared with $220 million a year ago. The last year results included a $58 million earnings from discontinued operations.

Liberty Media's revenue increased to $1.11 billion, from $154 million a year ago. The company said that the increase in revenue was primarily due to the acquisition of a controlling interest in SiriusXM.