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.

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Buy the Dip in Palo Alto Networks; Analysts Raise Targets

Palo Alto Networks stock forecast

Palo Alto Networks' (NASDAQ: PANW) share price is down more than 5% following its FQ3 release, which provides an attractive buy-the-dip opportunity. The move is driven by an increase in billings that have no bearing on the underlying business. The increase in billings is due to customers choosing to pay for their services over time instead of upfront, a trend driven by inflation and interest rates more than anything else.

The report's takeaway is that the cybersecurity industry-leading Palo Alto Networks is still growing at a double-digit pace and forecasting robust growth. Its platformization plans resonated with clients and had no visible impact on the Q3 results. The results include robust growth, wider margins, and a significant improvement in shareholder equity that will help drive the share higher this year and over the long term. 

The takeaway from the analyst chatter is that the move lower was overblown. The company is expected to produce above-peer growth aided by the latest deal with IBM. IBM and Palo Alto Networks have partnered to provide AI-powered security services across their networks, which should drive growth for both businesses. The analysts' response to the release is mixed. There are several price target reductions, but the reductions are to levels above consensus, and the bulk of revisions are upward. The bottom line is that consensus is rising and supports the stock price, and the high end of the analysts’ range puts the stock at a new all-time high. 

Palo Alto Has a Solid Quarter, Guides in Alignment with Forecasts

Palo Alto Network had a solid quarter, with growth in its core segments contributing to top-line strength. The company reported $1.98 billion in net revenue for a gain of 15.1%. Product revenue grew by 0.7%, while the larger Subscription and Services segment grew by 19.5%. Subscriptions and Services are 80% of the net. The top-line outpaced the consensus estimates by $0.10 billion or 500 basis points and suggests another quarter of strength will come in Q4. 

Margin is another area of strength. The company widened the margin at the gross and operating levels to drive significant improvements in GAAP and adjusted results. The GAAP operating and net income more than doubled compared to last year, while the adjusted operating margin widened by 200 basis points to 26%, ahead of forecasts. The adjusted $1.32 is up 20% to outpace the topline advance by 500 basis points, and margin strength is expected to continue. 

The guidance is why the market contracted following the release. The guidance aligns with the consensus outlook and was narrowed, curbing the potential for outperformance. Regardless, the company expected a 9% to 10% increase in billings and revenue to grow by 10% to 11%, and forecasts have top and bottom-line growth accelerating next year. 

Palo Alto Networks Builds Value for Investors

Palo Alto Networks doesn’t pay dividends or repurchase shares but doesn’t have to deliver value for shareholders. The share count is increasing and aids a rapid market cap expansion. The company's market capitalization, or the total value of its stock, doubled over the last year, and equity is also rising. The company’s balance sheet is rock solid, with cash rising, no significant debt and equity up more than double. 

Palo Alto Network’s stock price is down in early trading but shows clear support at a key level. Support is evident at the 30-day moving average and aligns with other buy signals that were previously fired. Assuming the market follows through on the signal today, this stock could rise to retest the recent highs soon. A move to a new high would be bullish and open the door to a sustained rally that could reach an all-time high by the end of the year. 

PANW stock chart

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