Liberty Interactive Corp. QVCA reported mixed financial results in the first quarter of 2016. While the top line outpaced the Zacks Consensus Estimate, the bottom line was in line with the mark.GAAP net income came in at $90 million compared with $151 million in the prior-year quarter. First quarter earnings per share of 18 cents were on par with the Zacks Consensus Estimate.Meanwhile, the quarter’s total revenue of $2,367 million reflected a year-over-year increase of 22%, surpassing the Zacks Consensus Estimate of $2,347 million.Quarterly total operating income came in at $206 million compared with $237 million in the year-ago quarter. In the reported quarter, consolidated adjusted operating income before depreciation and amortization was $433 million compared with $401 million in the year-ago quarter.In the reported quarter, Liberty Interactive generated $295 million of cash from operations compared with $220 million in the prior-year quarter. Free cash flow in the reported quarter was $244 million, up from $176 million in the year-ago quarter.At the end of the first quarter of 2016, Liberty Interactive had total cash and marketable securities of $3,344 million compared with $2,449 million at the end of 2015. The company exited the first quarter with $8,876 million of outstanding debt compared with $8,707 million at the end of 2015. The debt-to-capitalization ratio at the end of the reported quarter was 0.48 compared with 0.52 at 2015 end.QVC SegmentQuarterly revenues at the QVC division were up 4% year over year to $2,013 million. Revenues from the QVC U.S. segment were $1,407 million, up 5% year over year. Revenues from the QVC International segment were $606 million, up 2% year over year. QVC U.S. OIBDA (operating income before depreciation and amortization) was $326 million, up 7% year over year while QVC International OIBDA was $89 million, down 12% year over year. zulily SegmentQuarterly revenues at the zulily segment totaled $355 million. Quarterly adjusted OIBDA was $23 million. Meanwhile, operating loss was $43 million in the reported quarter.Zacks Rank & Other Stocks Liberty Interactive currently carries a Zacks Rank #4 (Sell). Some better-ranked stocks in the same space include Rogers Communications Inc. RCI, TiVo Inc. TIVO and DISH Network Corp. DISH. While Rogers and TiVo sport a Zacks Rank #1 (Strong Buy), DISH carries a Zacks Rank #2 (Buy).Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report DISH NETWORK CP (DISH): Free Stock Analysis Report ROGERS COMM CLB (RCI): Free Stock Analysis Report TIVO INC (TIVO): Free Stock Analysis Report LIBERTY M INT-A (QVCA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research