Welcome to our dedicated page for Universal Technical Institute news (Ticker: $UTI), a resource for investors and traders seeking the latest updates and insights on Universal Technical Institute stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Universal Technical Institute's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Universal Technical Institute's position in the market.
Universal Technical Institute, Inc. reported strong financial results for the fiscal 2024 second quarter, with revenue of $184.2 million, a 12.4% increase year-over-year. The company raised its fiscal 2024 guidance for new student starts, revenue, net income, diluted earnings per share, and adjusted EBITDA. Initial projections for fiscal 2025 indicate revenue of nearly $800 million and adjusted EBITDA margin of approximately 15%, reflecting positive growth and performance.