Warner Music Group posted a wider-than-expected quarterly loss and said revenue growth in the U.K. and Italy was offset by weakness in the United States, Japan and the rest of Europe.

For July-September, the company posted a loss of 31 cents a share, compared with a loss of 12 cents a share in the year-ago period. Analysts were expecting a loss of 13 cents a share, according to Thomson Reuters I/B/E/S.

Revenue fell 13% to $752 million, but was above market estimates of $731.7 million.

The music company said the overall increase in digital revenue from continued global download growth was more than offset by contracting demand for CDs.

Digital and non-traditional revenue, which includes the company's concert promotion business, together accounted for nearly 40% of total revenue in the quarter.

The top sellers in the quarter included Linkin Park, Phil Collins and the Zac Brown Band, in addition to two Japanese artists -- Kobukuro and Superfly. For the full year, major sellers included Michael Buble, Jay-Z, Linkin Park, Muse and the "New Moon" soundtrack album.

Warner Music shares, which have risen about 30% since the company's last quarterly report in August, closed at $5.86 on Tuesday (Nov. 16) on New York Stock Exchange.