10-Q - UNIVERSAL TECHNICAL INSTITUTE INC (0001261654) (Filer)

8-K - UNIVERSAL TECHNICAL INSTITUTE INC (0001261654) (Filer)

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8-K - UNIVERSAL TECHNICAL INSTITUTE INC (0001261654) (Filer)

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Truist initiated coverage of Universal Technical Institute with a rating of Buy and set a new price target of $22.00

Northland Capital initiated coverage of Universal Technical Institute with a rating of Outperform and set a new price target of $16.00

Argus downgraded Universal Technical Institute from Buy to Hold

Rosenblatt initiated coverage of Universal Technical Institute with a rating of Buy and set a new price target of $11.00

Argus upgraded Universal Technical Institute from Hold to Buy

Delivers Financial and Operational Outperformance in Fiscal Q1; Raises Fiscal 2025 Guidance Ranges for All Metrics PHOENIX, Feb. 5, 2025 /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 2025 first quarter ended December 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."

PHOENIX, Jan. 15, 2025 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE:UTI) (the "Company"), a leading workforce solutions provider of transportation, skilled trades and healthcare education programs, will hold a conference call on Wednesday, February 5, 2025, at 4:30 p.m. Eastern time to discuss its financial and operational results for the fiscal first quarter ended December 31, 2024. The Company's CEO, Jerome Grant, and Interim CFO, Christine Kline, will host the conference call, followed by a question-and-answer session. Conference Call Date: Wednesday, February

PHOENIX, Nov. 20, 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 fourth quarter and the full year ended September 30, 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." Met or surpassed fiscal year 2

PHOENIX, Oct. 30, 2024 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE:UTI) (the "Company"), a leading workforce solutions provider, will hold a conference call on Wednesday, November 20, 2024, at 4:30 p.m. Eastern time to discuss its financial and operational results for the fiscal fourth quarter and full year ended September 30, 2024. The Company's CEO, Jerome Grant, and Interim CFO, Christine Kline, will host the conference call, followed by a question-and-answer session. Conference Call Date: Wednesday, November 20, 2024Time: 4:30 p.m. Eastern timeToll-free dial-

PHOENIX, Aug. 6, 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 third quarter ended June 30, 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 $177.5 million representing 15.8% growth ver

Strategy expected to deliver approximately 10 percent revenue CAGR and expand Adjusted EBITDA margin to nearly 20 percent through fiscal 2029 PHOENIX, Aug. 5, 2024 /PRNewswire/ -- Universal Technical Institute, Inc., a leading workforce solutions provider, today announced the next phase of its "North Star Strategy" to accelerate the company's mission to close the skilled workforce gap in America. The core tenets of the strategy—growth, diversification and optimization—are the foundation for initiatives across the company's two divisions of Universal Technical Institute (UTI), which offers transportation, skilled trades and energy education programs; and Concorde Career Colleges, which speci

PHOENIX, July 17, 2024 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE:UTI) (the "Company"), a leading workforce solutions education provider, will hold a conference call on Tuesday, August 6, 2024, at 4:30 p.m. Eastern time to discuss its financial and operational results for the fiscal third quarter ended June 30, 2024. The Company's CEO, Jerome Grant, and CFO, Troy Anderson, will host the conference call, followed by a question-and-answer session. Conference Call Date: Tuesday, August 6, 2024Time: 4:30 p.m. Eastern timeToll-free dial-in number: 1-844-881-0138Inter

Raised Fiscal 2024 Guidance for New Student Starts, Revenue and Profitability Introducing Initial Revenue and Profitability Projections for Fiscal 2025 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."

PHOENIX, April 22, 2024 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE:UTI) (the "Company"), a leading workforce solutions education provider, will hold a conference call on Wednesday, May 8, 2024 at 4:30 p.m. Eastern time to discuss its financial and operational results for the fiscal second quarter ended March 31, 2024. The Company's CEO, Jerome Grant, and CFO, Troy Anderson, will host the conference call, followed by a question-and-answer session. Conference Call Date: Wednesday, May 8, 2024Time: 4:30 p.m. Eastern timeToll-free dial-in number: 1-844-881-0138Inter

PHOENIX, Feb. 7, 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 first quarter ended December 31, 2023. 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 $174.7 million with UTI contributing $11

Demand for HVACR technicians is expected to grow by 9 percent through 2033. ORLANDO, Fla., Feb. 19, 2025 /PRNewswire/ -- Universal Technical Institute-Orlando will begin offering a Heating, Ventilation, Air Conditioning and Refrigeration (HVACR) program beginning in March, adding to the four programs the campus currently offers. UTI is the skilled trades, transportation and energy education division of Universal Technical Institute, Inc.  According to the U.S. Bureau of Labor Statistics, employment of heating, air conditioning, and refrigeration mechanics and installers is pro

ROCKAWAY, NEW JERSEY, Feb. 18, 2025 (GLOBE NEWSWIRE) -- TOPDON US, the premier provider of cutting-edge technology and advanced tools for auto repair professionals and enthusiasts, is partnering with Universal Technical Institute (UTI), the transportation, skilled trades, and energy education division of Universal Technical Institute, Inc. The new five-year partnership is TOPDON's first agreement with a post-secondary educational institution focused on transportation programs. TOPDON will initially support UTI's emerging program to train students on Electric Vehicle (EV) maintenance and repair. "Our partnership with UTI represents an exciting opportunity to support an educational institu

Delivers Financial and Operational Outperformance in Fiscal Q1; Raises Fiscal 2025 Guidance Ranges for All Metrics PHOENIX, Feb. 5, 2025 /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 2025 first quarter ended December 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."

UTI's Long Beach Campus to Offer Tesla's 4-month Program Starting in Spring 2025. PHOENIX, Feb. 5, 2025 /PRNewswire/ -- Universal Technical Institute (UTI) today announced the expansion of its successful Manufacturer Specific Advanced Training program by adding Tesla's START Collision Repair program. UTI is the transportation, skilled trades and energy education division of Universal Technical Institute, Inc. Tesla's START program is an intensive training program that prepares workers for successful careers at Tesla. Graduates of UTI's Collision Repair and Refinish Technology

Atlanta is second of three new campuses planned in 2026, joining previously announced Concorde healthcare campus in Florida PHOENIX, Feb. 4, 2025 /PRNewswire/ -- Universal Technical Institute, Inc., a leading workforce solutions provider, today announced Atlanta as the location of its next UTI division campus, continuing the company's execution of its ambitious North Star strategy to close the skilled workforce gap in America. The core tenets of the North Star strategy—growth, diversification and optimization—are the foundation for initiatives across the company's two division

Select Concorde campuses will offer dental care to children ages 4 to 17, including X-rays, cleanings, and preventive services KANSAS CITY, Mo., Jan. 30, 2025 /PRNewswire/ -- Concorde Career Colleges is proud to announce its participation in National Children's Dental Health Month, a nationwide initiative to promote the benefits of good oral health for children. Throughout February, Concorde dental hygiene programs at select campuses across the country will host events dedicated to providing no-cost dental services to children, reinforcing the importance of preventive care and healthy dental habits.

Imagen to provide scholarships to support Concorde dental hygiene students, initial investment of $10,000 to double later this year SAN DIEGO, Jan. 22, 2025 /PRNewswire/ -- Concorde Career Colleges today announced a workforce solutions partnership with Imagen Dental Partners to address the demand for dental hygienists in California. Imagen is offering a total of $10,000 in scholarships to support students at Concorde's Garden Grove, San Bernardino and San Diego campuses, with plans to increase the total amount to $20,000 later this year. Imagen Dental Partners is a Dental Par

PHOENIX, Jan. 15, 2025 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE:UTI) (the "Company"), a leading workforce solutions provider of transportation, skilled trades and healthcare education programs, will hold a conference call on Wednesday, February 5, 2025, at 4:30 p.m. Eastern time to discuss its financial and operational results for the fiscal first quarter ended December 31, 2024. The Company's CEO, Jerome Grant, and Interim CFO, Christine Kline, will host the conference call, followed by a question-and-answer session. Conference Call Date: Wednesday, February

PHOENIX, Nov. 20, 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 fourth quarter and the full year ended September 30, 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." Met or surpassed fiscal year 2

PHOENIX, Nov. 19, 2024 /PRNewswire/ -- As winter weather begins across the United States and the Holiday travel season kicks off, Universal Technical Institute, the transportation, skilled trades, and energy education division of Universal Technical Institute, Inc., is sharing several winter vehicle maintenance and emergency preparedness recommendations. "Winter weather presents unique challenges for vehicles and drivers," said automotive instructor Bernard Thompson from UTI-Lisle outside Chicago. "Thanksgiving travel is just around the corner, and with a few simple precaution

TROY, Mich., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB))), a leading global specialty talent solutions provider, today announced that Troy R. Anderson has been named executive vice president and chief financial officer designate, effective October 14, 2024. Following an orderly transition of responsibilities, Anderson will succeed Olivier Thirot, executive vice president and chief financial officer, who on July 8, 2024, informed Kelly of his intention to retire as an officer of the Company. Upon completion of the transition, Thirot will serve as a strategic advisor to the Company. "I am pleased to welcome Troy to Kelly as the Company's next chief financial officer. His

Paid work experience opportunities available to automotive and diesel technology students at 11 campuses PHOENIX, July 16, 2024 /PRNewswire/ -- Universal Technical Institute, the transportation, skilled trades and energy education division of Universal Technical Institute, Inc. today announced that Crown Equipment (Crown) is now offering paid work experience opportunities to selected automotive and diesel students through Universal Technical Institute's Early Employment Program. Through the agreement, Universal Technical Institute students in the 51-week automotive technology

Commission on Accreditation for Respiratory Care honors Concorde-Portland for third consecutive year PORTLAND, Ore., July 15, 2024 /PRNewswire/ -- For the third consecutive year, Concorde Career College–Portland's respiratory therapy program has been recognized for outstanding student outcomes by the Commission on Accreditation for Respiratory Care (CoARC). The "Distinguished Registered Respiratory Therapist (RRT) Credentialing Success" award is presented annually as part of the accreditor's continued efforts to highlight the RRT credential as a standard of excellence. The RRT

Paid work experience available to automotive program students, tuition reimbursement to employed graduates MOORESVILLE, N.C. and EXTON, Pa., March 13, 2024 /PRNewswire/ -- Universal Technical Institute today announced the addition of MileOne Autogroup (MileOne) to its early employment program at the Exton (Pa.) and Mooresville (N.C.) campuses. Universal Technical Institute is the transportation, skilled trades and energy education division of UTI, Inc.  Through this agreement, selected UTI-Exton and NASCAR Tech students enrolled in the automotive technology program can work 20

Collaboration to offer programs and resources for careers in transportation, motorsports, energy and aviation. WASHINGTON and PHOENIX, Feb. 28, 2024 /PRNewswire/ -- United Service Organizations (USO) and Universal Technical Institute today announced a partnership to support military service members with their transition to civilian life. The collaboration will focus on offering specialized training programs and resources for careers in the transportation, skilled trades and energy industries. "We are proud to join forces with Universal Technical Institute to support those who

PHOENIX, Jan. 16, 2024 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE:UTI), a leading workforce solutions provider of transportation, skilled trades, and healthcare education programs, today announced the appointment of Carolyn Frank as chief human resource officer, effective immediately. In this role, Frank will lead the company's human capital strategy and further build people and organizational capabilities, including recruitment and retention, performance management, employee engagement, culture transformation, diversity and inclusion, and organizational design.

PHOENIX, Dec. 19, 2023 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE:UTI) (the "Company"), a leading workforce solutions provider of transportation, skilled trades and healthcare education programs, today announced that it achieved the Company conversion option and thus has effected the conversion of all the Company's Series A Preferred Stock into Common Stock, effective December 18, 2023. The Company's outstanding Common Stock increases by 19.3 million shares as a result of the conversion. Immediately prior to the conversion, the Company purchased 33,300 shares of Series A Preferred Stock convertible into 1,000,000 shares of Common Stock owned by Coliseum Capital Management, LL

PHOENIX, Dec. 13, 2023 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE:UTI), a leading workforce solutions provider of transportation, skilled trades, and healthcare education programs, today announced the appointment of Kevin Prehn as president of Concorde Career Colleges, effective immediately. Prehn has served as interim president since September. "We recently marked the one-year anniversary of our acquisition of Concorde and, in just a few months at the helm as interim president, Kevin's impact has been felt throughout the organization.  He continues to impress t

Lorenz brings more than 20 years of growth-oriented higher education executive leadership to the organization PHOENIX, April 6, 2023 /PRNewswire/ -- Universal Technical Institute Inc. (NYSE:UTI) ("the Company"), a leading workforce solutions provider of transportation, skilled trades, energy, and healthcare education programs announced today the appointment of Tracy Lorenz as President of the Universal Technical Institute ("UTI") division, which is comprised of the Company's transportation, skilled trades, and energy offerings. "Tracy is a proven leader who is growth-oriented

The Company continues to expand its offerings in education, training, and workforce solutions and adds an industry expert to help guide Healthcare education and training expansion PHOENIX, March 2, 2023 /PRNewswire/ -- Universal Technical Institute Inc. (NYSE:UTI), a leading workforce solutions provider of transportation, skilled trades and healthcare education programs, today announced that Michael A. Slubowski will join its Board as an independent director, effective March 1, 2023. In December of 2022, UTI finalized the acquisition of Concorde Career Colleges, adding a new o