Specialized product offerings in narrow segments of the information technology (IT) market; Acquisitive growth strategy; Temporary softening demand for its security products; Diversified geographic end-markets and customer base; Strong intellectual property (IP) position with a portfolio of more than 800 patents and patent applications; and Solid and growing recurring revenue base. Expected adjusted leverage in the 3x area over the coming year; Solid free operating cash flow (FOCF) generation in the range of $125 million to $175 million annually; and Strong liquidity. S&P Global Ratings' stable outlook on Verint Systems Inc. reflects our expectation the Melville, N.Y.-based security and business intelligence solutions provider will continue to generate solid FOCF over the coming year and maintain leverage below 4x despite weakness
