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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Dycom’s Q2 Earnings Call: Our Top 5 Analyst Questions

DY Cover Image

Dycom’s second quarter results were met with a significant negative market reaction, as revenue growth failed to meet Wall Street’s expectations despite rising 14.5% year over year. Management attributed the outcome to ongoing variability in the timing of large fiber-to-the-home deployments, with CEO Dan Peyovich noting that “the programs are ramping” and that short-term fluctuations reflect the modulation of customer rollouts. Strong margin expansion and improved operational efficiency, particularly in service and maintenance work, were key positives in the quarter.

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

Dycom (DY) Q2 CY2025 Highlights:

  • Revenue: $1.38 billion vs analyst estimates of $1.41 billion (14.5% year-on-year growth, 2.5% miss)
  • EPS (GAAP): $3.33 vs analyst estimates of $2.92 (14.2% beat)
  • Adjusted EBITDA: $205.5 million vs analyst estimates of $191.9 million (14.9% margin, 7.1% beat)
  • Revenue Guidance for Q3 CY2025 is $1.41 billion at the midpoint, below analyst estimates of $1.46 billion
  • EPS (GAAP) guidance for Q3 CY2025 is $3.20 at the midpoint, roughly in line with what analysts were expecting
  • EBITDA guidance for Q3 CY2025 is $205.5 million at the midpoint, above analyst estimates of $201.5 million
  • Operating Margin: 10.1%, up from 8.6% in the same quarter last year
  • Backlog: $8 billion at quarter end
  • Market Capitalization: $7.44 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 Dycom’s Q2 Earnings Call

  • Richard Choe (JP Morgan) asked about the lower-than-expected revenue and seasonality impacts. CEO Dan Peyovich explained that short-term fluctuations reflected the non-linear ramping of customer programs rather than a slowdown in demand.

  • Alex Waters (BofA) inquired if smaller private customers contributed to the revenue shortfall and about wireless business momentum. Peyovich said some programs were lighter in Q2 but maintained that overall backlog and momentum remain strong, especially with new wireless contracts.

  • Frank Louthan (Raymond James) asked about recurring revenue growth and the scale of data center opportunities. Peyovich confirmed service and maintenance work is expanding, and described the $20 billion data center network market as a conservative estimate.

  • Sangita Jain (KeyBanc) sought clarity on new data center contracts and their inclusion in backlog. Peyovich explained that the latest awards cover new geographies and represent early-stage, recurring revenue streams with hyperscalers.

  • Steven Fisher (UBS) questioned visibility into Q4 revenue and margin sustainability. Peyovich expressed confidence based on current awards and operational gains, while noting that weather and project timing could affect quarterly results.

Catalysts in Upcoming Quarters

In the coming quarters, the StockStory team will watch (1) the pace of ramp-up in new fiber-to-the-home and data center contracts, (2) evidence of sustained margin improvement from operational efficiencies, and (3) the extent to which customer reinvestment from tax reform translates into incremental project awards. Updates on the BEAD broadband program and continued progress in securing hyperscaler service contracts will also be key milestones.

Dycom currently trades at $256.84, down from $269.45 just before the earnings. Is there an opportunity in the stock?The answer lies in our full research report (it’s free).

Our Favorite Stocks Right Now

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