Research Update: Verint Systems Inc. Corporate Credit Rating Raised To 'B+'; Outlook Stable - S&P Global Ratings’ Credit Research

Research Update: Verint Systems Inc. Corporate Credit Rating Raised To 'B+'; Outlook Stable

Research Update: Verint Systems Inc. Corporate Credit Rating Raised To 'B+'; Outlook Stable - S&P Global Ratings’ Credit Research
Research Update: Verint Systems Inc. Corporate Credit Rating Raised To 'B+'; Outlook Stable
Published May 27, 2010
1619 words — Published May 27, 2010
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Abstract:

U.S. software provider Verint has filed audited financial statements through Jan. 31, 2010, eliminating near-term concerns about a potential technical default. We are raising our ratings on Verint, including our corporate credit rating, to 'B+' from 'B' and removing the ratings from CreditWatch. The stable outlook reflects our expectation for moderate revenue and EBITDA growth over the next year. On May 27, 2010, Standard&Poor's Rating Services raised its ratings on Melville, N.Y.-based Verint Systems Inc., including its corporate credit rating, which we raised to 'B+' from 'B'. We removed the ratings from CreditWatch, where they had been placed with developing implications on Jan. 29, 2010. The outlook is stable. The upgrade follows recent financial statement filings by Verint,

  
Brief Excerpt:

RESEARCH Research Update: Verint Systems Inc. Corporate Credit Rating Raised To 'B+'; Outlook Stable Publication date: 27-May-2010 Primary Credit Analyst: Susan Madison, New York (1) 212-438-4516; susan_madison@standardandpoors.com...

  
Report Type:

Research Update

Ticker
Issuer
GICS
Application Software (45103010)
Sector
Global Issuers
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MLA:
S&P Global Ratings’ Credit Research. "Research Update: Verint Systems Inc. Corporate Credit Rating Raised To 'B+'; Outlook Stable" May 27, 2010. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Verint-Systems-Inc-Corporate-Credit-Rating-Raised-To-B-Outlook-Stable-801170>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Verint Systems Inc. Corporate Credit Rating Raised To 'B+'; Outlook Stable May 27, 2010. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Verint-Systems-Inc-Corporate-Credit-Rating-Raised-To-B-Outlook-Stable-801170>
  
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