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Melville's Verint Systems to regain its Nasdaq listing

The Nasdaq headquarters

The Nasdaq headquarters Photo Credit: Julia Gaines

Melville-based Verint Systems Inc. has approval to relist its common stock on the Nasdaq exchange, and  is expected to resume trading next Tuesday under the symbol VRNT.

It had been delisted for failing to file its financial statements on time.
A provider of voice, video and data analysis systems, Verint is a subsidiary of Comverse Technology, of Manhattan.

Earlier this year Verint announced that, with the filing of its 2009 annual report, it had caught up with its filings and expected to be relisted.

The company last year had a profit of $17.1 million, compared with a loss of $78.6 million the previous year; on net revenue of $703.6 million, compared with $669.5 million in the previous year.

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