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Summary: SonicWALL Inc.
Standard & Poors, March 2011
Abstract
Standard & Poor's Ratings Services expects modest revenue growth and margin expansion to nudge SonicWALL Inc.'s leverage toward the mid-5x area or below through the September 2011 quarter, from the high-5x area. SonicWALL is a designer, developer, and marketer of network security, content security, and business continuity solutions globally. The company derives about 80% of its revenues from its flagship Universal Threat Management (UTM) product, which performs multiple security functions in a single appliance, such as network firewalling, intrusion prevention, anti-virus, anti-spam, virtual private networking (VPN), content filtering, and on-appliance reporting. Standard & Poor's views SonicWALL's business risk profile as vulnerable. SonicWALL primarily serves small-to-midsize enterprise users in the commercial, health care, education, and government markets. The company has recently
Article Type:SUMMARY
Companies mentioned in this report are: SonicWALL, Inc.
Action: Review
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