Universal Technical Institute, Inc. CEO Jerome Grant Highlights Skilled Collar and Healthcare Workers' Contributions to the American Economy

Universal Technical Institute (NYSE:UTI) CEO Jerome Grant marked Career and Technical Education Month by highlighting skilled collar and healthcare workers' role in the U.S. economy.

Rhea-AI Summary

Universal Technical Institute (NYSE:UTI) CEO Jerome Grant marked Career and Technical Education Month by highlighting skilled collar and healthcare workers' role in the U.S. economy. The company said it will educate upwards of 32,000 students this year across two operating divisions: UTI and Concorde Career Colleges.

Mr. Grant emphasized workforce shortages, the appeal of CTE amid changing white‑collar dynamics, and UTI's employer partnerships. The company also referenced its Fiscal Year 2026 Q1 earnings announced Feb. 4 and directed investors to its IR site for details.

Positive

• Will educate upwards of 32,000 students in FY2026
• Operates two divisions: UTI and Concorde Career Colleges

Negative

• None.

Argus Feb 5 session

-11.16% close to close Open Argus

Details

News Market Reaction – UTI

On Feb 5, the day this news came out, UTI closed 11.16% below the previous close.

Data tracked by StockTitan Argus for the Feb 5 session.

Key Figures

Students in 2026: 32,000 students Q1 2026 Revenue: $220.8 million Q1 2026 Net Income: $12.8 million +5 more

Students in 2026

32,000 students

Expected students educated across UTI and Concorde in current year

Q1 2026 Revenue

$220.8 million

Quarter ended December 31, 2025 (10-Q)

Q1 2026 Net Income

$12.8 million

Quarter ended December 31, 2025 vs. $22.2M prior year

Q1 2026 Diluted EPS

$0.23

Quarter ended December 31, 2025 vs. $0.40 prior year

Quarter Revenue Growth

9.6%

Year-over-year growth for quarter ended December 31, 2025

Cash and Equivalents

$93.6 million

Balance at quarter end December 31, 2025

Total Liquidity

$233.2 million

Cash, short-term investments and revolver capacity at quarter end

Long-term Debt

$101.7 million

Property term loans and credit facility borrowings

Historical Context

5 past events · Latest: Jan 28

5 events

1. Jan 28

   Community dental outreach

   24h Move

   -0.3%

   Concorde offering no-cost pediatric dental services across seven campuses.

2. Jan 27

   Campus expansion plan

   24h Move

   -0.8%

   Selection of Phoenix site for new Concorde campus under North Star strategy.

3. Jan 14

   Earnings call notice

   24h Move

   +0.3%

   Scheduling of fiscal Q1 2026 results call and providing access details.

4. Dec 15

   Safety education outreach

   24h Move

   +4.9%

   Faculty sharing holiday home and vehicle safety tips for the public.

5. Dec 02

   Policy testimony

   24h Move

   +2.5%

   CEO testimony supporting HR 1458 to broaden GI Bill use for veterans.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

career and technical education (cte), artificial intelligence

2 terms

career and technical education (cte) technical

"Career and Technical Education (CTE) Month, Universal Technical Institute, Inc. CEO Jerome Grant..."

Career and technical education (CTE) are school- and college-based programs that teach practical job skills—like healthcare procedures, manufacturing, IT, or trade work—alongside basic academics so students can enter the workforce or continue training. Investors care because CTE shapes the future labor pool and demand for equipment, software, and services; think of it as a factory line that supplies trained workers and creates predictable markets for related businesses and public funding.

artificial intelligence technical

"As more people reconsider traditional college—and artificial intelligence upends what were once..."

Artificial intelligence is the ability of computers and machines to perform tasks that typically require human thinking, such as understanding language, recognizing patterns, or making decisions. For investors, it matters because AI can enhance efficiency, uncover new insights, and enable smarter strategies, potentially impacting the value and performance of companies that develop or utilize this technology.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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PHOENIX and WASHINGTON, Feb. 5, 2026 /PRNewswire/ -- In a statement celebrating Career and Technical Education (CTE) Month, Universal Technical Institute, Inc. CEO Jerome Grant today emphasized the contributions of skilled collar and healthcare workers to the American economy. The company is a national leader in workforce training programs and will educate upwards of 32,000 students this year at its two operating divisions; UTI, which offers transportation, skilled trades, electrical and energy education; and Concorde Career Colleges, which specializes in dental, nursing and allied health.

"Skilled collar and healthcare workers are the pillars of communities across the United States and touch every aspect of our daily lives. Yet far too many employers face an urgent shortage of these workers, with more jobs available than qualified workers to fill them," said Mr. Grant.

He continued, "Universal Technical Institute is honored to partner with the nation's employers to prepare the workforce our economy depends on day after day, year after year.

As more people reconsider traditional college—and artificial intelligence upends what were once considered 'safe' white collar jobs—skilled collar and healthcare positions can offer meaningful, stable employment for decades. Career and Technical Education (CTE) Month is an excellent opportunity to raise awareness of and celebrate the expertise required for these positions that align directly with today's job market and are a path to the American Dream."

Universal Technical Institute, Inc. announced its Fiscal Year 2026 Q1 earnings on February 4. For more information, visit investor.uti.edu.

About Universal Technical Institute, Inc. 
Universal Technical Institute, Inc. (NYSE: UTI) was founded in 1965 and is a leading workforce solutions provider serving students, partners and communities nationwide. The company offers high-quality education and support services for in-demand careers via its two divisions: UTI and Concorde Career Colleges. The UTI division operates 15 campuses located in nine states, with more announced, and offers a wide range of transportation, skilled trades, electrical and energy training programs. Concorde operates across 18 campuses in eight states and online, with more announced, offering programs in the allied health, dental, nursing, patient care and diagnostic fields. For more information, visit www.uti.edu or www.concorde.edu; LinkedIn at @UniversalTechnicalInstitute and @Concorde Career Colleges; or X at @news_UTI and @ConcordeCareer.

Media Contact:
Susan Aspey 
saspey@uti.edu

View original content to download multimedia:https://www.prnewswire.com/news-releases/universal-technical-institute-inc-ceo-jerome-grant-highlights-skilled-collar-and-healthcare-workers-contributions-to-the-american-economy-302679493.html

SOURCE Universal Technical Institute, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many students will Universal Technical Institute (UTI) educate in FY2026?

UTI will educate upwards of 32,000 students in FY2026. According to the company, that total covers enrollments across its two operating divisions, UTI and Concorde Career Colleges, spanning transportation, skilled trades, and allied health programs.

What did UTI CEO Jerome Grant say about workforce shortages on Feb 5, 2026?

He said there are more jobs than qualified workers for skilled collar and healthcare roles. According to the company, Grant urged awareness of CTE Month and emphasized employer partnerships to prepare workers for in‑demand positions.

Which programs does Universal Technical Institute (UTI) offer across its divisions?

UTI offers transportation, skilled trades, electrical and energy education; Concorde offers dental, nursing and allied health. According to the company, these program areas reflect its national workforce training focus across both operating divisions.

Did Universal Technical Institute (UTI) report earnings around this announcement?

Yes, the company announced its Fiscal Year 2026 Q1 earnings on Feb. 4, 2026. According to the company, investors seeking the full financial details should visit the investor relations website referenced in the statement.

Why is Career and Technical Education (CTE) Month important to UTI (UTI)?

CTE Month highlights skilled trades and healthcare career paths that align with today's job market. According to the company, UTI uses the month to promote workforce training, employer partnerships, and career alternatives to traditional four‑year college routes.