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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5 Revealing Analyst Questions From Primoris’s Q2 Earnings Call

PRIM Cover Image

Primoris delivered Q2 results that significantly outpaced Wall Street expectations, highlighted by strong revenue growth and margin expansion. Management attributed the outperformance to robust demand in its Utility and Energy segments, citing improved productivity, successful project execution, and favorable project mix. CEO David King emphasized the company’s ability to capture growth in power generation and utility infrastructure, noting, “Our results exhibit the effectiveness of our financial and operational strategy to grow profitably through disciplined capital allocation.” Additionally, increased activity in gas operations and communications contributed to the quarter's upside, as did higher productivity and margin improvement in power delivery.

Is now the time to buy PRIM? Find out in our full research report (it’s free).

Primoris (PRIM) Q2 CY2025 Highlights:

  • Revenue: $1.89 billion vs analyst estimates of $1.69 billion (20.9% year-on-year growth, 12.1% beat)
  • Adjusted EPS: $1.68 vs analyst estimates of $1.08 (55.4% beat)
  • Adjusted EBITDA: $154.8 million vs analyst estimates of $112.1 million (8.2% margin, 38.1% beat)
  • Management raised its full-year Adjusted EPS guidance to $5 at the midpoint, a 16.3% increase
  • EBITDA guidance for the full year is $500 million at the midpoint, above analyst estimates of $453 million
  • Operating Margin: 6.7%, up from 5.5% in the same quarter last year
  • Backlog: $11.5 billion at quarter end, up 170% year on year
  • Market Capitalization: $6.19 billion

While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention.

Our Top 5 Analyst Questions From Primoris’s Q2 Earnings Call

  • Peter Lukas (CJS Securities): Asked about the timing and mix of new energy segment awards and whether the outlook for a strong back half remains. CEO David King confirmed that bookings are expected to be more back-end loaded, with renewables likely making up the majority.
  • Brian Russo (Jefferies): Questioned whether improved Utilities margins are sustainable or a one-time step-up. CFO Ken Dodgen replied that the shift is structural, reflecting ongoing strategic initiatives, and is expected to persist going forward.
  • Madison Lehan (KeyBanc Capital Markets): Inquired about the impact of project closeout payments on Utilities margins. Dodgen stated closeouts contributed about $6 million in incremental gross profit for the quarter.
  • Brent Thielman (D.A. Davidson): Asked about the drivers behind strong Utility segment bookings and the outlook for pipeline revenue. Management indicated bookings were mainly MSA-driven, with unexpected strength in gas and communications, and pipeline revenues could grow opportunistically depending on project wins.
  • Drew Chamberlain (JPMorgan): Sought clarity on whether data center work is incremental to base plans. Dodgen confirmed most of the new data center opportunity is incremental, not repurposed from other segments, and touches multiple areas of the business.

Catalysts in Upcoming Quarters

Our analyst team is closely watching (1) the pace and size of new data center and renewable energy contract awards, (2) the sustainability of margin gains in the Utility segment as project mix evolves, and (3) the ability to convert a robust backlog into revenue growth without margin erosion. Additional focus will be on execution in expanding communications and pipeline segments and the impact of regulatory or supply chain developments on renewables.

Primoris currently trades at $114.59, up from $93.16 just before the earnings. At this price, is it a buy or sell? The answer lies in our full research report (it’s free).

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