Universal Technical Institute Reports Fiscal Year 2024 Second Quarter Results [Yahoo! Finance]
Universal Technical Institute Inc (UTI)
Last universal technical institute inc earnings: 2/6 04:05 pm
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Source: Yahoo! Finance
PHOENIX May 8, 2024 /PRNewswire/ -- Universal Technical Institute , Inc. (NYSE: UTI), a leading workforce solutions provider of transportation, skilled trades and healthcare education programs, reported financial results for the fiscal 2024 second quarter ended March 31, 2024. Universal Technical Institute , Inc. operates in two reportable segments, Universal Technical Institute (UTI) and Concorde Career Colleges (Concorde), and together with its segments and subsidiaries is referred to as the "Company," "we," "us" or "our." Revenue of $184.2 million representing 12.4% growth versus the prior year period, with UTI and Concorde achieving 14.7% and 8.2% growth versus the prior year period, respectively. Total new student starts of 5,480 representing 18.5% growth versus the prior year period, with UTI and Concorde achieving 19.6% and 17.2% growth versus the prior year period, respectively. Net income of $7.8 million and adjusted EBITDA of $22.6 million , both increasing considerab
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UTI
News
- Universal Technical Institute, Inc. (NYSE:UTI) Released Earnings Last Week And Analysts Lifted Their Price Target To US$19.40 [Yahoo! Finance]Yahoo! Finance
- Universal Technical Institute, Inc. (NYSE: UTI) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Universal Technical (UTI) Q2 Earnings Lag Estimates, '24 View Up [Yahoo! Finance]Yahoo! Finance
- Universal Technical Institute, Inc. (NYSE:UTI) Q2 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Universal Technical Institute, Inc. (NYSE: UTI) had its price target raised by analysts at Barrington Research from $18.00 to $20.00. They now have an "outperform" rating on the stock.MarketBeat
UTI
Earnings
- 5/8/24 - Miss
UTI
Sec Filings
- 5/9/24 - Form 10-Q
- 5/8/24 - Form 8-K
- 3/28/24 - Form 4
- UTI's page on the SEC website