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Aspect Software Inc. Outlook Revised To Positive On Expectations Of Sustained Operating Trends
Standard & Poors, May 2011
Abstract
U.S. contact-center software provider Aspect Software maintains steady operating performance and generates moderate cash flows. We are revising our outlook to positive from stable and affirming all our ratings on the company, including our 'B' corporate credit rating. The positive outlook revision reflects our expectation of sustained operating trends as customers ease constraints on IT spending and Aspect focus again on improving customer service. We also expect the company's operating performance and excess cash flow sweep to result in good covenant headroom and moderate debt reduction through 2011. NEW YORK (Standard & Poor's) May 17, 2011--Standard & Poor's Ratings Services said today that it revised its outlook on Chelmsford, Mass.-based Aspect Software Inc. to positive from stable. At the same...
Companies mentioned in this report are: Aspect Software Inc.
Action: Outlook: Positive
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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