July 6 (Reuters) - British mobile-banking software makerMonitise Plc said it expected revenue for the yearended June to be lower than the previous year.
The company, which recently formed a joint venture withSpanish bank Santander to invest in financialtechnology, said it expected revenue to be 88 million pounds to90 million pounds ($137 million to $140 million) for the yearended June 30.
Analysts are expecting full-year revenue of 91.63 millionpounds, according to Thomson Reuters I/B/E/S. Monitise postedrevenue of 95.1 million pounds in the previous year.
The company warned in January that revenue would not be ashigh as expected and its losses would be greater than analystshad expected, blaming changes in its businessmodel. ($1 = 0.6418 pounds) (Reporting by Noor Zainab Hussain in Bengaluru; Editing byGopakumar Warrier)