About Cabling Installation & Maintenance

Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

Contact Cabling Installation & Maintenance

Editorial

Patrick McLaughlin

Serena Aburahma

Advertising and Sponsorship Sales

Peter Fretty - Vice President, Market Leader

Tim Carli - Business Development Manager

Brayden Hudspeth - Sales Development Representative

Subscriptions and Memberships

Subscribe to our newsletters and manage your subscriptions

Feedback/Problems

Send a message to our general in-box

 

Zoom Video Communications: A tech phoenix ready to rise

Zoom Video Communications on an ipad

Tech start-ups like Zoom Video Communications Inc. (NASDAQ: ZM) have had a hard time in 2023, but the story is rapidly changing. Zoom, like others, reported a better-than-expected third quarter, revealing general strength and strength in enterprise business. It's evidence of the ongoing shift to digital and deepening penetration of services that has sustained the business services industry for years. 

Because the outlook for tech and tech-centric business services now includes AI, these trends will persist and sustain business for Zoom. As it turns out, Zoom provides utility for companies at scale and has proven to be an effective tool for communications and cost savings. AI-powered tools such as Companion are among the 45 new releases and product offerings issued during the quarter, and they are resonating with users. Wins with companies like Dropbox Inc. (NASDAQ: DBX), Virgin and Amynta Group attest to that.  

Zoom Video Communications beats and raises

Zoom Video Communications had a solid quarter with outperformance on the top and bottom lines. The company reported $1.14 billion in net revenue for a gain of 3.6% compared to last year. This is tepid growth but 180 basis points better than expected and compounded by improved profitability. The top-line growth was underpinned by a 7.5% increase in Enterprise business driven by a 13.5% trailing-12-month increase in large customers.

The margin news is better. The company widened the margin at the gross and operating levels to substantially improve the bottom line. GAAP operating margin came in at 14.9%, adjusted at 39.3%, to drive a 66% increase in free cash flow. Free cash flow came in at $453 million, improving the already excellent financial position, with adjusted earnings of $1.29. The $1.29 is up 20% compared to last year and 2000 basis points better than expected. 

The best news is the guidance. The company sees its momentum carrying into Q4 and raised the outlook for revenue and earnings. The new ranges are above the high-end of the previous range and well above the consensus figures at the time of the release. The analysts have already begun to raise their estimates for Q4, and the outlook for next year is light. Consensus figures have top-line growth steady near 3% but earnings in contraction, an unlikely event given the trends. 

Valuation is no longer a concern for Zoom Video Communications

Valuation was a problem for the Zoom market, but no longer. The 90% decline in share prices has the stock trading at 14x its earnings, with earnings outperforming regularly and guidance on the rise. This plays into the analysts' sentiment, showing the stock at the bottom of its price range. 

The analysts' sentiment held steady over the past year at Hold, but the price target fell sharply early in 2023. However, the consensus target bottomed mid-year has been steady since the Q2 earnings release, implying a 25% upside for the stock. More importantly, the low price target of $60 is consistent with the low end of the existing trading range where support is strong. Unless there is some unexpected change in sentiment, the market should continue to consolidate within its range, if not move higher. 

The technical outlook: Zoom Video Communications 

Zoom Video Communications hit bottom in May and confirmed the bottom recently but remains stuck in a trading range. The floor is near $60, the top near $72.50, and the market is unlikely to break out soon without another catalyst. 

The analysts may provide a catalyst if they begin to raise their targets or upgrade sentiment, but there is no evidence yet. As it is, the post-release activity is iffy and suggests a pullback to firm support levels. The market may find support at the 30-day moving average in this scenario. If not, it could retreat to the $60 level, where at least a dead cat bounce should occur. 

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.