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

 

Autodesk Raises Guidance After Clearing Audit Investigation

Autodesk logo displayed on a smartphone

Autodesk Inc. (NASDAQ: ADSK) is a leading provider of 3D design, engineering, and entertainment technology solutions. It's widely known for its computer-aided design (CAD) programs used by engineering, design, architecture, and construction firms. The computer and technology sector company is highly reliant on the well-being of the construction market. The company has been migrating to the cloud and attempting to expand into Federal and State Transportation Department projects. Autodesk competes with Adobe Inc. (NASDAQ: ADBE), Trimble Inc. (NASDAQ: TRMB) and Siemens AG (OTCMKTS: SIEGY).

No Restatement of Financials Required After Autodesk’s Internal Audit

Autodesk had a cloud over its head stemming from an Audit Committee investigation that was initiated in April 2024 for the fiscal years 2022, 2023, and 2024. The Audit Committee reviewed the company’s practices in recording free cash flow (FCF) and non-GAAP operating margin. The concern was about the potential for manipulation to impact financial metrics to manage financial performance to meet performance targets.

The Audit Committee concluded its investigation in May and reported on June 3, 2024, that it found instances of multi-year upfront billing contracts with product and enterprise subscriptions. The company has historically relied on multi-year contracts to help meet cash flow targets. The Audit Committee concluded that no restatement of financials would be required. This sent shares surging higher by over 10% the following morning. The company also raised its forward guidance for fiscal Q1, Q2, and full-year 2025.

ADSK Autodesk stock chart

ADSK is Attempting to Recover from a Head and Shoulders Breakdown Pattern

The daily candlestick chart for ADSK illustrates a head and shoulders breakdown pattern. The breakdown through the neckline occurred on the $234.05 price break on April 15, 2024. It eventually fell to a swing low of $195.12 on May 31, 2024. The conclusion of the audit investigation, combined with raised guidance, enabled a surge back up to the $322 resistance level. Shares have pulled back as it attempts a gap fill at $227.57. The daily relative strength index (RSI) is stalled at the 50-band. Pullback support levels are at $208.34, $195.43, $186.36, and $178.42.

Autodesk Delivers Upside Guidance for Fiscal Full-Year 2025

Autodesk issued upside guidance for fiscal full-year 2025 EPS of $1.87 versus $1.74 consensus analyst estimates. Revenues are expected to be $1.42 billion, surpassing the $1.39 billion consensus estimates. Fiscal 2025 Q2 EPS is expected between $1.98 to $2.04 versus $1.97 analyst estimates. Q2 2025 revenues are expected to be between $1.475 billion and $1.490 billion versus the consensus estimates of $1.47 billion.

Autodesk raised its full-year 2024 EPS guidance to $7.99 to $8.21, from previous estimates of $7.89 to $8.11, versus $8.05 consensus estimates. Fiscal full-year 2025 revenues are expected to be between $5.99 billion and $6.09 billion versus $6.04 billion consensus estimates.

Autodesk CEO Andrew Anagnost commented, “We appreciate your patience as we work through this important process.” He concluded, “We take situations like this very seriously and are grateful to put the investigation behind us."

Analysts Breathe a Sigh of Relief and Reiterate Ratings for Autodesk

Many analysts chimed in and reiterated their bullish stance. RCB Capital reaffirmed its Outperform rating with a $260 price target. RBC was relieved there was no restatement to any financials. However, the Audit Committee found higher-than-normal upfront billings in fiscal 2023 to meet FCF goals. Piper Sandler reiterated their Neutral rating and lowered its stock price target to $239 from $260.

Citi Research reiterated its Buy rating. The Citi analyst commented, "Overall, CITI views the news as positive as it provides much-needed clarity that the accounting investigation is wrapping up with a relatively benign outcome and that management took a more aggressive (but not nefarious) act in managing the business to FCF targets - something it believes was pretty obvious and already well understood by investors."

Autodesk analyst ratings and price targets are on MarketBeat. 

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.