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

 

Ambarella’s Traction Drives Stock Surge: Market Reversal Underway

Ambarella freeway computer circuit board

It has taken time for Ambarella (NASDAQ: AMBA) to gain traction, but its Q3 results prove it is. The shift from a pure-play computer vision company to an edge AI company focused on computer vision is instrumental to the company's traction and provides a vehicle for growth long into the future. The Q3 results are company-specific due to its leadership position in computer vision/AI technology but also supported by a general upcycle budding in the industrial chip market. Results from Analog Devices (NASDAQ: ADI), Supermicro Computer (NASDAQ: SMCI), GlobalFoundries, and others reveal that global inventory correction is ending, and demand is improving across all end markets, including automotive and IoT, where Amberalla shines. 

Ambarella Advances 20% After Beat-and-Raise Report: Higher Prices to Come

Ambarella shares shot up 20% after it released the Q3 results because growth accelerated sequentially to over 63% year-over-year, outpaced the consensus estimate by nearly 500 basis points, and led to an increase in guidance that is likely cautious. The company reported $82.65 million in net revenue driven by strength in the automotive and IoT end market, demand for AI edge inference products, and next-gen technology like the CV5 series. The company noted new product ramps among end-market OEMs as a driver of CV5 demand, which is also noteworthy because of the margin. Edge AI product sales accounted for 70% of the revenue and are viewed as a multi-year growth driver by management. 

The margin news is excellent. The company’s revenue growth provided sufficient leverage to reduce the GAAP loss by half and produce a solid beat on the bottom line. The adjusted earnings came in at $0.11, reversing a loss in the prior year, to outpace MarketBeat’s reported consensus by $0.07 or 17,500 basis points. The guidance is equally strong. The company is guiding Q4 revenue to $76 to $80 million compared to the consensus of $69 million, and the forecast is likely cautious. Ambarella’s chips are used in cameras that can pick up people and objects in highly congested areas, have voice and motion-activated controls, and have AI-assisted image enhancements suitable to numerous consumer and industrial applications. 

Investors are also happy about the cash flow and balance sheet. The company produced a positive cash flow quarter, will sustain its annual positive cash flow trend, and is guiding for additional improvement next year. Balance sheet highlights include increased cash and assets offset by liabilities, steady equity, and ultra-low leverage, so there is an opportunity for significant value gains over the next year as the cash balance builds. One opportunity is for resumed stock buybacks to offset share-based compensation, and another is for value-building acquisitions to bolster the edge AI portfolio. Regarding leverage, total liability is about 0.2x equity, leaving the company ample financial flexibility. 

Analysts Cheer for Ambarella’s Results and Raise Price Targets Significantly

The analysts' response to Ambarella’s results is bullish, with the nearly one dozen revisions tracked by MarketBeat raising their price target by double-digits. The new range puts the stock between $90 and $100, or a 12.5% to 25% upside compared to the post-release price pop. A move to that level would put this market at a nearly two-year high and set it up to complete a reversal. In that scenario, the stock price could advance another 20% to trade near the $100 level and move higher over the long term. The long-term consensus is for this company to quadruple in size by the decade's end, and the forecasts are cautious. 

The technical outlook is good. The stock has a hurdle at $85 but should be able to move past it now. The analysts have begun to lift their targets again, and the institutions have bought AMBA in 2024. Institutional activity is bullish for three quarters in 2024, including Q4. With this in play, the stock price can move above $100 without the help of analysts. 

Ambarella AMBA stock chart

More News

View More

Recent Quotes

View More
Symbol Price Change (%)
AMZN  213.04
-1.43 (-0.67%)
AAPL  252.30
+4.85 (1.96%)
AMD  233.08
-1.48 (-0.63%)
BAC  51.28
+0.84 (1.67%)
GOOG  253.79
+1.91 (0.76%)
META  716.91
+4.84 (0.68%)
MSFT  513.58
+1.97 (0.39%)
NVDA  183.16
+1.35 (0.74%)
ORCL  291.31
-21.69 (-6.93%)
TSLA  439.31
+10.56 (2.46%)
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 Privacy Policy and Terms Of Service.