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Universal Technical Institute Inc - UTI STOCK NEWS

Welcome to our dedicated news page for Universal Technical Institute (Ticker: UTI), a resource for investors and traders seeking the latest updates and insights on Universal Technical Institute.

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.

News
Federal Aviation Administration approves Universal Technical Institute-Miramar's Airframe and Powerplant Technician program
Rhea-AI Summary
Universal Technical Institute (UTI) completes the rollout of 14 new programs, including the Airframe and Powerplant Technician program at its Miramar campus. The program aims to train students in aircraft maintenance and prepare them for entry-level careers in the aviation field. The approval by the FAA signifies a positive step towards meeting the growing demand for aviation technicians. UTI continues to expand its workforce solutions to support local economic goals and provide educational opportunities in skilled trades and energy fields.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.35%
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News
Universal Technical Institute Reports Fiscal Year 2024 First Quarter Results
Rhea-AI Summary
Universal Technical Institute, Inc. (NYSE: UTI) reported financial results for Q1 2024, with revenue of $174.7 million, net income of $10.4 million, and adjusted EBITDA of $24.5 million. The company raised full year guidance for revenue, net income, diluted EPS, and adjusted EBITDA. New student starts increased by 17.2% for UTI and 8,244 average undergraduate full-time active students for Concorde.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.2%
Tags
earnings
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News
Jefferson Dental & Orthodontics donates cutting-edge iTero intraoral 3D scanners to Concorde Career Colleges' Dallas and San Antonio campuses
Rhea-AI Summary
Concorde Career Colleges and Jefferson Dental & Orthodontics have announced a partnership, with Jefferson donating two iTero intraoral 3D scanners to Concorde's Dallas and San Antonio campuses. The scanners, valued at $60,000 MSRP, aim to enrich the pool of dental hygiene professionals in Texas and provide students with access to innovative technology. The partnership also includes a surprise visit by executives to deliver the scanners, marking the latest phase of the collaboration. The scanners capture thousands of images of a patient's mouth in seconds, allowing dental professionals to detect cavities, misalignments, and plaque buildup. The scanners also facilitate information sharing among dental professionals, laboratories, and specialists. Concorde students can complete their dental hygiene degree in as little as 17 months, with the option to pursue a bachelor's degree through an online completion program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.88%
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none
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Universal Technical Institute to Hold Fiscal First Quarter 2024 Conference Call on Wednesday, February 7, 2024 at 4:30 p.m. ET
Rhea-AI Summary
Universal Technical Institute, Inc. (UTI) will hold a conference call on February 7, 2024, to discuss its financial and operational results for the fiscal first quarter ended December 31, 2023. The call will be hosted by CEO Jerome Grant and CFO Troy Anderson. The company is a leading workforce solutions provider of transportation, skilled trades, and healthcare education programs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.84%
Tags
earnings
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News
Universal Technical Institute, Inc. announces Carolyn Frank as chief human resources officer
Rhea-AI Summary
Universal Technical Institute, Inc. (UTI) has appointed Carolyn Frank as chief human resource officer. Frank will lead the company's human capital strategy, recruitment, retention, performance management, employee engagement, culture transformation, diversity and inclusion, and organizational design. Frank brings over 20 years of experience in building and managing human resource organizations across industries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.48%
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none
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News
Universal Technical Institute to Present at the 26th Annual Needham Growth Conference
Rhea-AI Summary
Universal Technical Institute, Inc. (NYSE: UTI) is set to present at the 26th Annual Needham Growth Conference from January 16-19, 2024. The company will hold one-on-one investor meetings and present on January 19th at 3:00 p.m. Eastern time. For additional information or to schedule a meeting, contact UTI's investor relations team at UTI@gateway-grp.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.48%
Tags
conferences
News
Concorde Career Colleges accelerates efforts to address growing demand for healthcare workers
Rhea-AI Summary
Concorde Career Colleges (UTI) adds dental hygiene and sonography programs in Florida and California
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.84%
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none
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News
Universal Technical Institute, Inc. Announces Conversion of All Series A Preferred Stock into Common Stock
Rhea-AI Summary
Universal Technical Institute, Inc. (NYSE: UTI) achieved the conversion of all Series A Preferred Stock into Common Stock, increasing outstanding Common Stock by 19.3 million shares. The company also appointed Chris Shackelton, Co-founder and Managing Partner of Coliseum Capital Management, LLC, to the board as a Class III director. UTI's CEO, Jerome Grant, and Chris Shackelton expressed gratitude for the partnership and highlighted the company's progress and potential for building shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.8%
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News
Universal Technical Institute, Inc. announces Kevin Prehn as president of Concorde Career Colleges
Rhea-AI Summary
Universal Technical Institute, Inc. (NYSE: UTI) appoints Kevin Prehn as president of Concorde Career Colleges, effective immediately. Prehn's impact as interim president has been significant, impressing the leadership team and the Board with his strong management and business acumen. With 17 campuses across eight states, Concorde Career Colleges prepares students for careers in nursing, dental, respiratory, diagnostic, and other allied healthcare roles.
Rhea-AI Impact
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End-of-Day
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Universal Technical Institute to Consolidate Houston Operations to Better Serve Students
Rhea-AI Summary
Universal Technical Institute (UTI) will consolidate its Houston operations, with the MIAT-Houston campus operating under the UTI brand starting in May 2024. The transition aims to align curriculum and support services for students seeking careers in in-demand fields. Both facilities will remain in use post-consolidation, providing students with expanded support services and a more streamlined educational delivery model. The transition is expected to position UTI as the top provider of career technical training solutions in the Houston market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.42%
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Stock UTI logo
Universal Technical Institute Inc

NYSE:UTI

UTI Rankings

#2610 Ranked by Market Cap
#858 Ranked by Stock Gains
N/A Ranked by Dividends

UTI Stock Data

803.83M
42.89M
2.71%
72.67%
2.8%
Apprenticeship Training
Educational Services
Link
United States
Phoenix

About UTI

headquartered in scottsdale, arizona, universal technical institute, inc. (nyse: uti) is the leading provider of post-secondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians. with more than 180,000 graduates in its 49-year history, uti offers undergraduate degree and diploma programs at 11 campuses across the united states, as well as manufacturer-specific training programs at dedicated training centers. through its campus-based school system, uti provides specialized post-secondary education programs under the banner of several well-known brands, including universal technical institute (uti), motorcycle mechanics institute and marine mechanics institute (mmi) and nascar technical institute (nascar tech).