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.
Revenue of $201.4 million, a 15.3% increase year-over-year.
Total new student starts grew 22.3% and average full-time active students grew 11.1% year-over-year.
Net income of $22.2 million, a 113.2% increase year-over-year.
Adjusted EBITDA of $35.5 million, a 44.8% increase year-over-year.
UTI raised its annual guidance ranges for all key metrics with the expectation to generate $810 million to $820 million in revenue, $122 million to $126 million in adjusted EBITDA, and 28,500 to 29,500 in new student starts.
Visualization of income flow from segment revenue to net income
Analyze how earnings announcements historically affect stock price performance