Universal Technical Institute Announces Strategic Transformation Plan [Reuters]
Universal Technical Institute Inc (UTI)
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Source: Reuters
Universal Technical Institute Inc (UTI.N) Key Developments | Reuters.com March 22 (Reuters) - Universal Technical Institute Inc ::UNIVERSAL TECHNICAL INSTITUTE ANNOUNCES STRATEGIC TRANSFORMATION PLAN.UNIVERSAL TECHNICAL INSTITUTE - TRANSFORMATION PLAN DESIGNED TO GENERATE ABOUT $30 MILLION OF INCREMENTAL OPERATING INCOME IN FISCAL 2020.SEES FY 2018 REVENUE $310 MILLION TO $320 MILLION.2018 OPERATING EXPENSES ARE NOW EXPECTED TO RANGE BETWEEN $348 MILLION AND $353 MILLION.2018 OPERATING LOSS IS NOW EXPECTED BETWEEN $28 MILLION AND $33 MILLION.2018 EBITDA IS STILL EXPECTED TO BE NEGATIVE. Reuters, the news and media division of Thomson Reuters , is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about
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UTI
Earnings
- 2/7/24 - Beat
UTI
Sec Filings
- 3/28/24 - Form 4
- 3/26/24 - Form S-8
- 3/12/24 - Form 8-K
- UTI's page on the SEC website