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 Must-Read Analyst Questions From FuelCell Energy’s Q2 Earnings Call

FCEL Cover Image

FuelCell Energy’s second quarter results prompted a significant positive market response, despite missing Wall Street’s revenue expectations. Management attributed the sharp year-on-year sales growth to robust product deliveries in South Korea, particularly module shipments to Goyne Green Energy and new service agreements. CEO Jason Few credited decisive restructuring actions, stating these moves are “lowering costs, sharpening our focus on distributed power generation, and positioning us for investment in technologies and partnerships that can unlock future growth.” The company also emphasized cost control measures and increased focus on its core carbonate power generation platform.

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

FuelCell Energy (FCEL) Q2 CY2025 Highlights:

  • Revenue: $46.74 million vs analyst estimates of $49.58 million (97.3% year-on-year growth, 5.7% miss)
  • Adjusted EPS: -$1.02 vs analyst estimates of -$1.63 (37.5% beat)
  • Adjusted EBITDA: -$16.38 million vs analyst estimates of -$14.8 million (-35% margin, 10.7% miss)
  • Operating Margin: -204%, down from -142% in the same quarter last year
  • Backlog: $1.24 billion at quarter end, up 4% year on year
  • Market Capitalization: $150.2 million

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 FuelCell Energy’s Q2 Earnings Call

  • Matt (J.P. Morgan) asked for an update on data center pipeline momentum and the Inuverse partnership; CEO Jason Few detailed active discussions with hyperscalers and emphasized strong U.S. and Korean demand.
  • Jeffrey Osborne (TD Cowen) requested clarification on legacy commercial business opportunities post-tax credit reinstatement; Few explained ongoing distributed power generation deals and the advantages of easier permitting.
  • Osborne also inquired about the cadence of module deliveries to Goyne Green Energy and CGN; CFO Mike Bishop confirmed schedules are currently driven by Torrington plant production rates.
  • Osborne questioned the manufacturing scale necessary for EBITDA and gross margin breakeven; Bishop stated 100 megawatts annualized output is needed for adjusted EBITDA break-even, with current run rates below that threshold.
  • Ryan Pfingst (B. Riley) asked about the timing for converting the Inuverse MOU to an order and milestones for the ExxonMobil Rotterdam carbon capture project; Few cited ongoing offtake agreement negotiations and anticipated module shipments as the next step.

Catalysts in Upcoming Quarters

Our analysts will be watching (1) the pace at which FuelCell Energy converts memoranda of understanding, such as with Inuverse, into binding orders for data center projects, (2) execution of scheduled module deliveries in South Korea and expansion of contracts with partners like CGN, and (3) progress toward production scale-up at Torrington to reach positive adjusted EBITDA. Developments in U.S. policy incentives and successful project financing will also be important markers of future performance.

FuelCell Energy currently trades at $6.57, up from $4.21 just before the earnings. In the wake of this quarter, is it a buy or sell? The answer lies in our full research report (it’s free).

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