Universal Technical Institute

Universal Technical Institute, Inc. engages in the provision of transportation and technical training programs. It operates through the Postsecondary Education and Other segments. The Postsecondary Education segment offers technical training for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians, welders, and CNC machining technicians. The Other segment provides manufacturer-specific training which is managed separately from campus operations. The company was founded by Robert I. Sweet in 1965 and is headquartered in Phoenix, AZ.

Earnings data Q2 2021

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Earnings data Q1 2025

UTI reports solid Q1 earnings, eyes growth opportunities ahead

UTI's Q1 2023 performance met expectations, showcasing financial stability and growth potential.
The company's strategic strengths include successful acquisitions, strong lead generation, and proactive investments in key channels.
Challenges such as inflation impact on adult students and weak military channel performance require targeted solutions for sustained growth.
Opportunities in building relationships, leveraging acquisitions, and enhancing recruitment strategies position UTI for future growth and success.

UTI reports robust Q2 earnings, eyes growth amid regulatory challenges

UTI shows strong financial performance in Q2 2023, exceeding revenue expectations and maintaining solid adjusted EBITDA.
Challenges persist with regulatory approvals and negative cash flow, but opportunities exist in workforce solutions and financial support.
The company remains focused on growth, with confidence in future revenue and EBITDA projections for fiscal 2024.
UTI's strategic initiatives position it well to navigate challenges and capitalize on growth opportunities in the education sector.

Universal Technical Institute (UTI) exceeds Q3 revenue expectations, boosts guidance

Universal Technical Institute (UTI) demonstrated robust performance in Q3 2023, surpassing revenue targets and strengthening its financial outlook. While facing challenges in meeting tightened revenue guidance, UTI remains well-positioned to leverage opportunities for growth and capitalize on its recent successes.

Universal Technical Institute exceeds targets, eyes growth and collaborations

UTI's strong performance in 2023 sets the stage for continued growth in 2024. With revenue and new student starts expected to rise, UTI is optimistic about sustained profitability and expansion.

UTI reports solid Q1 results, eyes growth through partnerships

UTI's Q1 2024 performance met expectations, with revenue and EBITDA in line and a focus on student outcomes and operational efficiency.
The company showcased strengths in growth progress, industry partnerships, and leadership team enhancements, positioning itself for strategic advancement.
Challenges include regulatory compliance, cash allocation decisions, and maintaining performance metrics, while opportunities lie in expansion, M&A, and operational optimization.

UTI reports robust Q2 earnings, eyes growth through partnerships

UTI's Q2 2024 performance reflects strong operational and financial results, driven by growth in student starts, revenue, and adjusted EBITDA.
The company's strategic focus on partnerships, program innovation, and student success underscores its commitment to sustainable growth and industry relevance.
While facing challenges in student retention and program expansion, UTI is well-positioned to capitalize on opportunities for growth, diversification, and market demand.
Management's emphasis on transparency, stakeholder engagement, and continuous improvement signals a proactive approach to navigating industry dynamics and driving long-term success.

UTI reports robust Q3 earnings, outlines growth strategies for future

UTI's Q3 performance reflects a mix of successes and challenges across its divisions, with a strong financial showing overall.
Strategic initiatives like the North Star Strategy and partnerships with industry players position UTI well for future growth and diversification.
Addressing enrollment shifts, optimizing marketing strategies, and managing operational changes will be key focus areas for UTI's sustained success.

UTI reports robust Q4 earnings, eyes growth through program expansion

UTI's Q4 2024 performance reflects strong revenue growth and financial metrics, driven by successful strategies in marketing, program expansions, and operational efficiency.
Despite challenges related to regulatory compliance and cost optimization, UTI's strengths in divisional growth, campus recognition, and strategic planning position it well for future success.
With opportunities in revenue growth, program diversification, and operational optimization, UTI is poised to leverage its current momentum and strategic initiatives for sustained growth and competitiveness.

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Universal Technical Institute, Inc. engages in the provision of transportation and technical training programs. It operates through the following segments: Universal Technical Institute, Concorde Career Colleges, and Corporate. The Universal Technical Institute segment focuses on the provision of training programs, which include student-paid electives, and manufacturer or dealer sponsored training at certain campuses and dedicated training centers. The Concorde Career Colleges segment is involved in offering degree, non-degree, and continuing education programs in the allied health, dental, nursing, patient care, and diagnostic fields. The Corporate segment refers to the related expenses that are not allocated to the Universal Technical Institute or Concorde Career Colleges reportable segments. The company was founded by Robert I. Sweet in 1965 and is headquartered in Phoenix, AZ.

Universal Technical Institute, Inc. (UTI) CEO Jerome Grant on Q3 2021 Results - Earnings Call Transcript

Universal Technical (UTI) delivered earnings and revenue surprises of 100.00% and 1.29%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Universal Technical Institute (UTI) Tops Q3 Earnings and Revenue Estimates

Shares of Universal Technical (NYSE:UTI) decreased in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share were up 126.32% over the past year to $0.10, which beat the estimate of $0.03.

Universal Technical: Q3 Earnings Insights

PHOENIX, Aug. 2, 2021 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE: UTI), the leading provider of transportation technician training, reported financial results for the fiscal 2021 third quarter ended June 30, 2021. New student starts in the third quarter increased 38.8% from the prior year quarter, while average active students increased 19.1%.

Universal Technical Institute Reports Fiscal Year 2021 Third Quarter Results

RANCHO CUCAMONGA, Calif., July 30, 2021 /PRNewswire/ -- With U.S. businesses accelerating their hiring and Southern California's economy rebounding from COVID-19 labor disruption, regional leaders today welcomed Toyota-Lexus automotive technician training program to the Inland Empire.

New Program Aims to Reduce the Supply and Demand Imbalance for Auto Technicians in Southern California

On Monday, August 02, Universal Technical (NYSE:UTI) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

Earnings Preview: Universal Technical

PHOENIX, July 19, 2021 /PRNewswire/ --  Universal Technical Institute , Inc. (NYSE: UTI), the nation's leading provider of transportation technician training, today announced that it plans to report results for the third quarter of fiscal 2021 ended June 30, 2021 on Monday, August 2, 2021, after market close. Jerome Grant, chief executive officer, and Troy Anderson, chief financial officer, will host a conference call at 4:30 p.m.

Universal Technical Institute to Release Third Quarter Fiscal Year 2021 Results on August 2, 2021

PHOENIX, May 14, 2021 /PRNewswire/ --  Universal Technical Institute , Inc. (NYSE: UTI), the nation's leading provider of transportation technician training, today announced that it will be attending the G.research Microcap Symposium on Tuesday, May 18 . Jerome A.

Universal Technical Institute to Participate in the 2021 G.research Microcap Symposium

Universal Technical Institute, Inc. (UTI) CEO Jerome Grant on Q1 2021 Results - Earnings Call Transcript

Universal Technical (UTI) delivered earnings and revenue surprises of -133.33% and -0.18%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Universal Technical Institute (UTI) Reports Q2 Loss, Lags Revenue Estimates

PHOENIX, May 6, 2021 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE: UTI), the leading provider of transportation technician training, reported financial results for the fiscal 2021 second quarter ended March 31, 2021. New student starts in the second quarter increased 14.9% from the prior year quarter, while average active students increased 10.8%.

Universal Technical Institute Reports Fiscal Year 2021 Second Quarter Results

PHOENIX, May 4, 2021 /PRNewswire/ -- Universal Technical Institute (NYSE: UTI), Team Penske, and Würth will recognize instructors who have worked tirelessly throughout the COVID-19 pandemic to continue providing state-of-the-industry training to students, both in the classroom and remotely. UTI instructors and Würth Trainers will see their names racing around the track during the NASCAR Cup Series race at Dover International Speedway on May 16, 2021.

Team Penske, Brad Keselowski, Würth, and Universal Technical Institute Team Up to Show Appreciation for Teachers

PHOENIX, May 4, 2021 /PRNewswire/ -- Universal Technical Institute Inc. (NYSE: UTI), the nation's leading provider of transportation technician training, announced the appointment of the Hon. Loretta L.

Universal Technical Institute Announces Former Congresswoman Loretta L. Sanchez Joins its Board of Directors

Universal Technical (UTI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Universal Technical Institute (UTI) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

PHOENIX, April 28, 2021 /PRNewswire/ -- Universal Technical Institute Inc. (NYSE: UTI), the nation's leading provider of transportation technician training, plans to expand its Florida footprint in 2022 with a new campus in the Miami metropolitan area. It will be UTI's 14th campus nationwide and second in Florida.

Universal Technical Institute Selects Miami Metropolitan Area As The Location For The Second New Campus It Plans To Open In 2022

PHOENIX, April 22, 2021 /PRNewswire/ --  Universal Technical Institute , Inc. (NYSE: UTI), the nation's leading provider of transportation technician training, today announced that it plans to report results for the second quarter of fiscal 2021 ended March 31, 2021 on Thursday, May 6, 2021, after market close. Jerome Grant, chief executive officer, and Troy Anderson, chief financial officer, will host a conference call at 4:30 p.m.

Universal Technical Institute to Release Second Quarter Fiscal Year 2021 Results on May 6, 2021

EL PASO, Texas, April 1, 2021 /PRNewswire/ -- Premier Truck Group and Universal Technical Institute (NYSE: UTI) today honored the inaugural graduating class of the Premier Truck Group Technician Skills Program. The first-of-its-kind, on-base diesel-commercial technician training program provides 12-weeks of industry-aligned training that leads directly to employment for military members transitioning to civilian life.

Premier Truck Group and Universal Technical Institute Honor Transitioning Military Service Members as They Graduate from the Inaugural Class of Technician Training at Fort Bliss

PHOENIX, March 29, 2021 /PRNewswire/ -- Universal Technical Institute (NYSE: UTI), the nation's leading provider of trained technicians to the transportation industry, has entered into a definitive agreement to acquire MIAT College of Technology from HCP & Company, its owner since August 2014. Terms of the transaction have been disclosed in UTI's Form 8-K and completion of the acquisition will occur pending customary closing conditions and regulatory approvals.

Universal Technical Institute to Acquire MIAT College of Technology

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PHOENIX, March 22, 2021 /PRNewswire/ -- Universal Technical Institute Inc. (NYSE:UTI), the nation's leading provider of transportation technician training, plans to expand its presence in two states in fiscal year 2022, the first being in the state of Texas with a new campus in Austin – its thirteenth nationwide and third in the state. The company opened its Houston campus in 1983 and its Dallas-Fort Worth campus in 2010.

Universal Technical Institute to Open a New Campus in Austin, Texas, the First of Two New Campuses it Plans to Open in 2022

Universal Technical (UTI) delivered earnings and revenue surprises of -116.67% and -8.01%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Universal Technical Institute (UTI) Reports Q1 Loss, Misses Revenue Estimates

Shares of Universal Technical (NYSE:UTI) decreased in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share decreased 114.29% year over year to ($0.01), which missed the estimate of $0.06.

Universal Technical: Q1 Earnings Insights

PHOENIX, Feb. 4, 2021 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE: UTI), the leading provider of transportation technician training, reported financial results for the fiscal 2021 first quarter ended December 31, 2020. New student starts increased 20.9% from the prior year...

Universal Technical Institute Reports Fiscal Year 2021 First Quarter Results

AGCO

PHOENIX, Feb. 3, 2021 /PRNewswire/ -- Universal Technical Institute (NYSE: UTI), the nation's leading provider of trained technicians to the transportation industry, announced its first-ever agricultural manufacturing training program with AGCO Corporation (NYSE:AGCO), a global leader in...

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