PrintScripps Networks Interactive the operator of Lifestyle channels on Monday posted earnings for the third quarter that were better than had been expected.

The company, which is led by Kenneth Lowe its CEO, president and chairman, posted $124.5 million in earnings compared to last year in the same period of $131.2 million.

However, per share earnings were up to 96 from 93 cents. The figure for earnings exceeded expectations on Wall Street.

Excluding an impact from fluctuations in currency, expenses for transactions and charges for restructuring, earnings would have been $137.5 million equal to $1.06 a share.

The company, which is the operator of cable networks such as Travel Channel and HGTV Food Network, said its revenue for the quarter was up 20.4% to over $776.2 million helped by a gain in revenue of 22.2% and a growth in affiliate fees of 13.5%.

Network revenue from the U.S. increased 6.2% on an ad gain of 5.2% and an affiliate fee improvement of more than 6.3%.

After the second quarter ended, Scripps closed the acquisition of a stake of 52.7% in TVN a Polish network operator and made a tender offer for the purchase of the rest of the outstanding shares, which during the latest quarter it closed. The deal was a part of its latest financial results.

The quarter has been on that was transformative for Scripps said Lowe. The international business of the company was boosted by the successful acquisition of the leading multiplatform Polish media company known as TVN.

Lowe added that the networks were continuing to thrive across the United States and that success has been reflected in the strong growth in both the affiliated and advertising revenues.

Lowe concluded by saying the company strategy is such as it enables us to make deeper connections with our consumer across the globe and we are focused on the delivering of growth over the long term and enhance the value for shareholders.

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