News Corp boosted its net income for the September quarter because of a one-time tax benefit, but revenue fell 4% as foreign currency fluctuations and weakness in print advertising weighed on the media company's results.

News Corp owns The Wall Street Journal, among other publications.

Net income from continuing operations attributable to shareholders rose to $175 million, or 22 cents a share, from $65 million, or 15 cents a share, in the same period a year earlier, the company said. Excluding certain items, such as a $151 million tax benefit from the sale of the digital-educations business, adjusted earnings were 5 cents a share.

Revenue declined to $2.01 billion from $2.11 billion a year earlier, driven by an 11% drop in revenue at the news and information services segment, which accounts for two-thirds of News Corp's total revenue.

Analysts polled by Thomson Reuters had expected total revenue of $2.09 billion in the quarter and adjusted per-share earnings of 6 cents.

"News Corp is on track in its transition to a more digital and global future, having successfully integrated several recent acquisitions and built a powerful platform for future growth," News Corp Chief Executive Robert Thomson said in a news release.

Earnings before interest, taxes, depreciation and amortization declined 15% in the period to $165 million because of declines at the news and information services segment, higher legal costs at News America Marketing, and declines at the book publishing segment.

Write to Lukas I. Alpert at lukas.alpert@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

(END) Dow Jones Newswires

November 05, 2015 17:45 ET (22:45 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.
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