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.

PHOENIX, Feb. 22, 2022 /PRNewswire/ -- Universal Technical Institute  (UTI) is rolling out new curriculum in its Ford FACT (Ford Accelerated Credential Training) program to prepare its students to keep the next generation of vehicles on the road. Automotive technicians are in demand, and as the electric vehicle (EV) market continues to grow, those with knowledge of high voltage batteries and electric vehicles have become essential to automakers like Ford.

Universal Technical Institute and Ford Team Up to Prepare Nation's Future Technicians for Electric Vehicle Repair and Maintenance

PHOENIX, Feb. 16, 2022 /PRNewswire/ -- Universal Technical Institute (UTI) (the Company) announced today the completion of a series of transactions resulting in the 100% ownership of its Lisle, Ill. campus through a wholly owned subsidiary, 2611 Corporate West Drive Ventures, LLC (2611 CWD).

UTI Announces Purchase of Lisle, Ill Campus from Joint Venture Partner

Universal Technical (UTI) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

What Makes Universal Technical (UTI) a Good Fit for "Trend Investing"

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Universal Technical Institute, Inc. (UTI) CEO Jerome Grant on Q1 2022 Results - Earnings Call Transcript

Universal Technical (UTI) delivered earnings and revenue surprises of 2,600% and 8.89%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Universal Technical Institute (UTI) Beats Q1 Earnings and Revenue Estimates

PHOENIX, Feb. 3, 2022 /PRNewswire/ --  Universal Technical Institute, Inc. (NYSE: UTI), a leading provider of transportation and technical training programs, reported financial results for the fiscal 2022 first quarter ended December 31, 2021. Average undergraduate full-time active students increased 16.2% from the prior year quarter, while new student starts increased 2.3%.

Universal Technical Institute Reports Fiscal Year 2022 First Quarter Results

Universal Technical (UTI) possesses 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) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

PHOENIX, Jan. 20, 2022 /PRNewswire/ --  Universal Technical Institute , Inc. (NYSE: UTI), a leading provider of transportation and technical training programs, today announced that it plans to report results for the first quarter of fiscal year 2022 on Thursday, February 3, 2022, 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 First Quarter Fiscal Year 2022 Results on February 3, 2022

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Inaugural Class of Fort Bragg BMW MSTEP Program, Taught by UTI, Celebrates Their Graduation & Prepares for New Civilian Careers as BMW Technicians

ATLANTA and PHOENIX, Dec. 9, 2021 /PRNewswire/ --  Universal Technical Institute, Inc.  (UTI) and NAPA AUTO PARTS (NAPA) have joined forces to support the future of those seeking careers in the transportation and aftermarket auto repair industries. NAPA has become the preferred UTI auto parts supplier, which includes its best-in-class NAPA Autotech training program that will be available to faculty.

NAPA AUTO PARTS and Universal Technical Institute Form New Strategic Alliance

PHOENIX, Nov. 29, 2021 /PRNewswire/ -- As announced earlier this year, as part of its effort to diversify the workforce and increase recruitment of women into the skilled trades, Universal Technical Institute , Inc. (NYSE: UTI) teamed up with Ignite Worldwide to provide $100,000 in tuition grants for female and female-identifying students interested in pursuing a technical education at UTI and careers in STEM-related fields. Applications are now being accepted until April 29, 2022.

Universal Technical Institute and Ignite Worldwide $100,000 Grant Program for Women Entering STEM Fields Now Accepting Applications

The stock price of Universal Technical Institute, Inc. (NYSE: UTI) increased by over 10% pre-market today. This is why it happened.

Universal Technical Institute (UTI) Stock: Why The Price Jumped Today

Universal Technical Institute, Inc. (UTI) CEO Jerome Grant on Q4 2021 Results - Earnings Call Transcript

PHOENIX, Nov. 17, 2021 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE: UTI), a leading provider of transportation and technical training programs, reported financial results for the fiscal 2021 fourth quarter and full year ended September 30, 2021. New student starts in the fourth quarter increased 6.8% from the prior year quarter, while average active students increased 8.1%.

Universal Technical Institute Reports Fiscal Year 2021 Fourth Quarter and Year-End Results

Universal Technical (NYSE:UTI) is set to give its latest quarterly earnings report on Wednesday, 2021-11-17. Here's what investors need to know before the announcement.

Earnings Preview For Universal Technical

PHOENIX, Nov. 10, 2021 /PRNewswire/ -- With consumers, auto manufacturers, and infrastructure policymaking converging around a zero-emissions-vehicle future, one of the industry's leading technical training institutions,  Universal Technical Institute  (NYSE: UTI), today announced that its program curriculum had been updated to include new Hybrid and Electric Vehicle (EV) technician coursework initially at its California campuses. This is a step in UTI's overall EV strategy, which includes further expansion of EV content in the core Automotive Technology curriculum, enhancing manufacturer specific advanced training programs (MSAT) with several manufacturer partners, and developing other new training models and partnership opportunities to expand UTI's overall EV ecosystem.

Universal Technical Institute Launches Electric Vehicle Technician Training Coursework to Meet Increasing Demand for Clean Cars and Trucks

PHOENIX, Nov. 1, 2021 /PRNewswire/ --  Universal Technical Institute , Inc. (NYSE: UTI), the nation's leading provider of trained technicians to the transportation industry, has completed its acquisition of MIAT College of Technology for a purchase price of $26 million in cash. The acquisition adds campuses in Texas and Michigan and eight new programs to UTI.

Universal Technical Institute Completes Acquisition of MIAT College of Technology

PHOENIX, Oct. 28, 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 fourth quarter and fiscal year ended September 30, 2021 on Wednesday, November 17, 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 Fourth Quarter and Full Year Fiscal Year 2021 Results on November 17, 2021

PHOENIX, Sept. 28, 2021 /PRNewswire/ --  Universal Technical Institute  Inc. (NYSE: UTI), the nation's leading provider of transportation technician training, is proud to announce its National Director of Counselor and Academic Relationships, Dr. Steven Coyle, will join the Texas Industrial Vocational Association's (TIVA) Board of Directors.

Universal Technical Institute's Dr. Steven Coyle Named to Texas Industrial Vocational Association Board of Directors

PHOENIX and MOUNTLAKE TERRACE, Wash., Sept. 23, 2021 /PRNewswire/ -- Universal Technical Institute  (UTI) and IGNITE Worldwide are joining together to advance the participation and advancement of women in the skilled trades.

Universal Technical Institute and IGNITE Worldwide Announce Education Partnership to Support More Women Entering the Skilled Trades

PHOENIX, Sept. 22, 2021 /PRNewswire/ -- Universal Technical Institute  Inc. (NYSE: UTI), the nation's leading provider of transportation technician training, will initially launch the new BMW FastTrack elective at its Avondale, Arizona , and Orlando, Florida  campuses in January 2022.

Universal Technical Institute Launches BMW FastTrack Program in 2022

Universal Technical Institute and BMW Partner at Fort Bragg to Prepare Service Members for Civilian Careers as BMW Automotive Technicians

PHOENIX, Aug. 10, 2021 /PRNewswire/ --  Universal Technical Institute , Inc. (NYSE: UTI), the nation's leading provider of transportation technician training, today announced that Jerome Grant, chief executive officer, and Troy Anderson, chief financial officer, are scheduled to participate in a fireside chat at the Canaccord Genuity Growth Conference on Wednesday, August 11, 2021 at 3:00 PM Eastern Time. Management will also be hosting one-on-one investor meetings during the conference.

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