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.
Universal Technical Institute, Inc. (NYSE: UTI) generates a steady flow of news related to workforce education in transportation, skilled trades, electrical and energy fields, and healthcare. As a workforce solutions provider with two divisions—UTI and Concorde Career Colleges—the company regularly issues updates on financial performance, campus expansion, program launches and partnerships that shape its role in the educational services sector.
Investors and observers following UTI news will see announcements about quarterly and annual earnings, conference calls and financial outlooks, as reflected in recent press releases tied to fiscal year results and guidance. These items provide insight into enrollment trends, strategic investments and the progress of the company’s multi-year North Star strategy of growth, diversification and optimization.
News from the UTI division often covers new or expanded training offerings and campus developments. Examples include the planned expansion of the UTI-Dallas campus to add aviation, HVACR and electrical-related programs, and the announcement of new campuses in markets such as San Antonio, Atlanta and Salt Lake City, pending regulatory approvals. The division also highlights collaborations with manufacturers, such as Hyundai Motor America’s donation of electric vehicles for use in UTI’s Battery Electric Vehicle Technology course.
Concorde Career Colleges news focuses on healthcare education initiatives, including expanded respiratory therapy programs, partnerships with hospital systems and recognition of graduates and campuses by industry associations. Company communications also feature testimony before policymakers and efforts to support veterans and military-affiliated students.
This news page allows readers to follow these developments in one place, from financial disclosures and strategic updates to program-level stories and employer partnerships across UTI and Concorde.
Universal Technical Institute (NYSE: UTI) is celebrating its 60th anniversary in 2025, marking the occasion with CEO Jerome Grant and executives ringing the NYSE Opening Bell. From its humble beginnings with five students, UTI has transformed into a major workforce education provider, training tens of thousands annually in transportation, skilled trades, electrical, energy, and healthcare.
The company's growth has been driven by its North Star strategy, launched in 2020, focusing on growth, diversification, and optimization. Key acquisitions include MIAT College of Technology in 2021 (adding aviation, energy, and robotics programs) and Concorde Career Colleges in 2022 (expanding into healthcare). UTI recently reported strong Q2 FY2025 results, leading to raised guidance for FY2025.
Universal Technical Institute (UTI) and Crown Equipment Corporation are celebrating their 30-year collaboration in workforce development. Crown, a global material-handling equipment leader, has recruited and employed numerous UTI graduates across its 80+ branches nationwide, placing them in service, training, and management roles. The partnership has recently expanded through Crown's participation in UTI's Early Employment Program, allowing selected students from eleven campuses to gain industry experience during their education.
In the past five years, Crown has hired and promoted hundreds of UTI graduates to leadership positions. The collaboration includes Crown's provision of essential material handling equipment to UTI campuses, including reach trucks, sit-down counterbalance forklifts, and work assist vehicles. This partnership exemplifies UTI's commitment to connecting students with top employers while supporting workforce development in skilled trades.
Universal Technical Institute (NYSE: UTI) has announced San Antonio as the location for its first skilled trades-focused campus, set to open in Spring 2026. The new UTI-San Antonio facility will span over 50,000 square feet at 5776 Stemmons Drive, offering programs in aviation, welding, HVACR, and electrical training including wind, robotics, industrial maintenance, and electrical/electronics.
This expansion is part of UTI's North Star strategy, which aims to shape America's future workforce. The San Antonio campus is one of three planned openings in Fiscal 2026, pending regulatory approvals. The company currently operates 6 campuses in Texas and recently announced new locations in Atlanta and Fort Myers.
The company's North Star strategy is projected to deliver approximately 10% revenue CAGR and expand Adjusted EBITDA margin to nearly 20% through fiscal 2029. The initiative focuses on growth, diversification, and optimization across UTI's transportation and trades division and Concorde Career Colleges healthcare division.
Universal Technical Institute (NYSE: UTI), a workforce education provider specializing in transportation, skilled technicians, energy and healthcare, has scheduled its fiscal second quarter 2025 earnings conference call for Wednesday, May 7, 2025, at 4:30 p.m. ET. The call will cover financial and operational results for the quarter ended March 31, 2025.
CEO Jerome Grant and CFO Bruce Schuman will host the call, which will include a Q&A session. Participants can join using the toll-free number 1-844-881-0138 or international number 1-412-317-6790. A replay will be available until May 21, 2025, accessible via toll-free (1-877-344-7529) or international (1-412-317-0088) numbers with replay ID 9261056.
Universal Technical Institute (NYSE: UTI) has promoted Todd Hitchcock to Chief Operating Officer and appointed Adrienne DeTray as Chief Information Officer. Hitchcock, previously EVP and Chief Strategy and Transformation Officer, will oversee the company's UTI and Concorde divisions while continuing to manage corporate strategy and transformation.
The company's North Star strategy's second phase aims to achieve approximately 10% revenue CAGR and expand Adjusted EBITDA margin to nearly 20% through fiscal 2029. The strategy focuses on growth, diversification, and optimization across their transportation, skilled trades, energy education, and healthcare programs.
In Q1 fiscal 2025, UTI reported improved year-over-year performance in revenue, Adjusted EBITDA, and new student starts, leading to increased guidance ranges for the fiscal year.
Universal Technical Institute (NYSE: UTI) has appointed Bruce Schuman as Chief Financial Officer, effective immediately. Schuman joins UTI from Vacasa (NASDAQ: VCSA), where he served as CFO and helped achieve the company's first profitable year in 2023. He previously held CFO positions at Kiavi and various senior finance roles at Intel
The appointment comes as UTI executes the second phase of its North Star strategy, which aims to deliver approximately 10% revenue CAGR and expand Adjusted EBITDA margin to nearly 20% through fiscal 2029. The strategy focuses on growth, diversification, and optimization across UTI's transportation, skilled trades, and energy education segments, as well as Concorde Career Colleges' healthcare programs.
The company recently reported strong Q1 fiscal 2025 results, with improvements in revenue, Adjusted EBITDA, and new student starts year-over-year, leading to increased guidance ranges for the fiscal year.
Universal Technical Institute-Orlando announces the launch of a new Heating, Ventilation, Air Conditioning and Refrigeration (HVACR) program starting March 2025. The nine-month program will cover air handling, hydronics, circuits, sheet metal ductwork, and system troubleshooting, adding to the campus's existing automotive, diesel, marine, and motorcycle programs.
According to the U.S. Bureau of Labor Statistics, HVACR technician employment is projected to grow 9% from 2023 to 2033, significantly faster than average. This expansion is part of UTI's corporate 'North Star' strategy, which includes launching eight full-length programs at existing campuses and a new campus in Atlanta.
Universal Technical Institute (NYSE: UTI) reported strong fiscal Q1 2025 results, with revenue increasing 15.3% to $201.4 million. The company demonstrated significant growth with total new student starts up 22.3% and average full-time active students growing 11.1%. Net income surged 113.2% to $22.2 million, while Adjusted EBITDA rose 44.8% to $35.5 million.
Both UTI and Concorde segments showed robust performance. UTI's revenue grew 14% to $131.5 million with 19% increase in new student starts, while Concorde's revenue increased 17.9% to $70 million with 26% growth in new student starts.
Based on strong Q1 performance, the company raised its fiscal 2025 guidance, now expecting revenue of $810-820 million, Adjusted EBITDA of $122-126 million, and new student starts of 28,500-29,500.