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Liberty Media Corp., the Douglas County-based owner of television and Internet networks on four continents, posted a first-quarter loss of $26 million after a profit a year earlier.
The company controlled by John Malone had a loss of 1 cent per share, compared with net income of $254 million, or 9 cents, a year earlier, Liberty said in a filing with the Securities and Exchange Commission.
Liberty’s QVC home-shopping network sales climbed 7 percent to $1.56 billion, yielding an operating profit of $212 million, up 6 percent from a year earlier.
Shares of Liberty fell 7 cents to $8.63 as of 4:22 p.m. EDT in New York Stock Exchange composite trading Monday.
