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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.

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Rhea-AI Summary
Universal Technical Institute, Inc. (UTI) - UTI-Long Beach has been named a School of Distinction, while UTI-Exton, and Concorde Career College campuses in San Antonio and Orlando are recognized as Schools of Excellence. The Accrediting Commission of Career Schools and Colleges (ACCSC) honored these campuses for their quality education and student achievement. UTI and Concorde campuses provide valuable classroom and lab experiences to equip students with the skills necessary to pursue jobs in in-demand professions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.41%
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Rhea-AI Summary
Universal Technical Institute, Inc. (NYSE: UTI) reported fiscal 2023 full year and fourth quarter financial results, surpassing guidance ranges for all key financial metrics. The company achieved full year revenue of $607.4 million, with UTI contributing $429.3 million and Concorde contributing $178.1 million. Adjusted EBITDA for the full year was $64.2 million, and total new student starts were 22,613. Fiscal 2024 guidance includes revenue of $705 to $715 million and adjusted EBITDA of $98 to $102 million.
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Rhea-AI Sentiment
End-of-Day
16.1%
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Rhea-AI Summary
Universal Technical Institute, Inc. (NYSE: UTI) will hold a conference call on November 15, 2023, 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, 2023. The call will be hosted by CEO Jerome Grant and CFO Troy Anderson. A telephonic replay of the call will be available until November 29, 2023.
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End-of-Day
1.39%
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Rhea-AI Summary
Universal Technical Institute (UTI) announces program expansions in HVACR in several locations, following successful rollout of 13 new programs. UTI expects to serve over 1,000 additional students.
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0.5%
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Rhea-AI Summary
UTI collaborates with TA to offer early employment and tuition reimbursement to students and graduates
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0.48%
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Rhea-AI Summary
UTI to participate in the 14th Annual Midwest IDEAS Conference on August 23-24. CEO and CFO to present at 4:40 p.m. Central time. One-on-one investor meetings scheduled. Webcast available.
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1.91%
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conferences
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-1%
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Rhea-AI Summary
Universal Technical Institute (UTI) has launched five new programs at four campuses in July, with plans for nine more programs across five additional campuses in the next 60 days. These expansions are part of UTI's growth and diversification strategy, and once fully operational, the programs will support over 1,000 students annually in skilled trades and energy sectors.
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-0.83%
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2.87%
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Rhea-AI Sentiment
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1.87%
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Universal Technical Institute Inc

NYSE:UTI

UTI Rankings

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).