UTI Earnings Reports

Universal Technical Institute, Inc. (UTI) delivered a strong second quarter in fiscal year 2025, with revenue growing 12.6% year-over-year to $207.4 million and net income increasing 47.0% to $11.4 million. The company also saw significant growth in new student starts and average full-time active students, leading to raised full-year guidance for all key metrics.

Universal Technical Institute reported a strong first quarter in fiscal year 2025, with revenue increasing by 15.3% to $201.4 million and net income increasing by 113.2% to $22.2 million. The company also raised its full-year guidance for all key metrics.

Universal Technical Institute reported a strong Q4 2024 with revenue increasing by 15.3% to $196.4 million and net income reaching $18.8 million, compared to $6.7 million in the same period last year. The company's performance reflects consistent execution on its strategic plan and momentum in newly launched programs.

Universal Technical Institute reported a strong Q3 2024, with revenue increasing by 15.8% to $177.5 million. Net income rose to $5.0 million, and adjusted EBITDA increased by 60.9% to $18.4 million. The company is reiterating its full year guidance and initial projections for fiscal 2025, anticipating revenue of nearly $800 million and an adjusted EBITDA margin of approximately 15%.

Universal Technical Institute reported a strong second quarter with a 12.4% increase in revenue to $184.2 million and a 18.5% increase in total new student starts. Net income increased significantly to $7.8 million. The company raised its full year guidance for new student starts, revenue, net income, and diluted earnings per share. Initial projections for fiscal year 2025 indicate revenue of nearly $800 million and adjusted EBITDA margin of approximately 15%.

Universal Technical Institute reported a strong first quarter for fiscal year 2024, with revenue increasing by 45.6% to $174.7 million. Net income significantly increased to $10.4 million, and new student starts grew across both the UTI and Concorde divisions. The company also raised its full-year guidance for revenue, net income, and EPS.

Universal Technical Institute reported a strong fourth quarter, with revenues increasing by 53.9% to $170.3 million. The acquired Concorde segment significantly contributed to this growth. Operating income and net income also saw substantial increases.

Universal Technical Institute reported a 51.8% increase in revenue to $153.3 million, driven by the Concorde Career Colleges acquisition. The company is raising its adjusted EBITDA, adjusted net income and adjusted free cash flow guidance, and tightening its revenue guidance range.

Universal Technical Institute reported a strong second quarter with revenue of $163.8 million, a 60.5% increase compared to the prior year, driven by the acquisition of Concorde. Net income was $3.5 million, and adjusted EBITDA was $19.2 million. The company reiterated its full-year fiscal 2023 guidance.

Universal Technical Institute reported a 14.2% increase in revenue to $120.0 million, driven by the acquisition of Concorde Career Colleges. Net income was $2.6 million, and adjusted EBITDA was $14.4 million. The company reaffirmed its full-year guidance across all key metrics.

Universal Technical Institute reported a 13.5% increase in revenue for the fourth quarter, reaching $110.6 million. Net income for the quarter was $2.8 million, a decrease of 76.5% from the prior year period. The company provided fiscal 2023 guidance, including revenue of $595 - $610 million and adjusted EBITDA of $58 - $62 million.

Universal Technical Institute reported a 20.5% increase in revenue to $101.0 million and a net income of $0.8 million for the fiscal year 2022 third quarter ended June 30, 2022. New student starts increased by 25.0% and average undergraduate full-time active students increased by 11.4%.

Universal Technical Institute reported a revenue increase of 31.4% to $102.1 million for the second quarter of fiscal year 2022. Net income was $7.4 million, with adjusted EBITDA at $10.9 million. The company has revised its full-year fiscal 2022 guidance to reflect these results.

Universal Technical Institute reported a strong first quarter for fiscal year 2022. Revenue increased by 38.0% to $105.1 million, and net income significantly improved to $14.8 million. The company benefited from the inclusion of MIAT College of Technology and growth in average undergraduate full-time active students.

Universal Technical Institute reported a strong fourth quarter for fiscal year 2021, with revenue increasing by 27.7% to $97.5 million and net income increasing by 86.7% to $12.0 million. The company exceeded its guidance across all metrics and finished the year with more year-end active students than it has seen since fiscal 2015.

Universal Technical Institute reported a strong third quarter with a 53.8% increase in revenue to $83.8 million compared to the prior year quarter. The company returned to profitability with a net income of $3.0 million, compared to a net loss of $13.3 million in the same quarter last year. Management reaffirmed fiscal year 2021 guidance due to strong front-end demand and ongoing operating improvements.

Universal Technical Institute reported a decrease in revenue of 6.1% to $77.7 million for the second quarter of 2021, while new student starts increased by 14.9%. The company reaffirmed its fiscal year 2021 guidance and announced plans to launch two new campuses and acquire MIAT College of Technology.

Universal Technical Institute reported a decrease in revenue by 12.7% to $76.1 million compared to the prior year quarter. Net income was $1.1 million, compared to $4.7 million. New student starts increased 20.9% from the prior year quarter.

Universal Technical Institute reported a 1.1% increase in new student starts and a net income of $6.5 million for the fourth quarter of fiscal year 2020. Revenues decreased by 12.9% to $76.3 million, while operating income was $6.2 million.

Universal Technical Institute reported a decrease in revenue by 31% to $54.5 million compared to the prior year quarter. The company experienced a net loss of $13.3 million, compared to a net loss of $0.4 million in the prior year quarter. New student starts increased by 8.4% from the prior year quarter.

Universal Technical Institute reported a 1.2% increase in revenue to $82.7 million and a net income of $10.1 million for the second quarter of fiscal year 2020. New student starts increased by 6.6% excluding the Norwood, MA campus. The company is managing the impact of COVID-19 by launching an online curriculum and resuming in-person labs where allowed.

Universal Technical Institute reported a positive start to fiscal year 2020, with revenue increasing by 5.0% to $87.2 million and net income reaching $4.7 million, a significant improvement from the prior year's loss. The company's growth strategy and investments in welding programs are expected to drive further growth.