Universal Technical Institute Reports Fiscal Year 2024 Fourth Quarter and Year-End Results [Yahoo! Finance]
Universal Technical Institute Inc (UTI)
Last universal technical institute inc earnings: 2/6 04:05 pm
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Source: Yahoo! Finance
trades and healthcare education programs, reported financial results for the fiscal 2024 fourth quarter and the full year ended September 30, 2024 Universal Technical Institute , Inc. operates in two reportable segments, Universal Technical Institute (UTI) and Concorde Career Colleges (Concorde), and together with its segments and subsidiaries is referred to as the "Company," "we," "us" or "our." Met or surpassed fiscal year 2024 guidance ranges for all key financial metrics. Full year revenue of $732.7 million in 2024, an increase of 20.6% over the prior year, with the UTI division contributing $486.4 million and the Concorde division contributing $246.3 million Full year net income was $42.0 million , an increase of 240.9% over the prior year. Full year adjusted EBITDA was $102.9 million , an increase of 60.1% over the prior year. Full year total new student starts of 26,885, an increase of 18.9% over the prior year, with UTI contributing 15,138 and Concorde contributing 1
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UTI
News
- Universal Technical Institute, Inc. (NYSE: UTI) had its price target raised by analysts at Barrington Research from $22.00 to $25.00. They now have an "outperform" rating on the stock.MarketBeat
- Universal Technical Institute, Inc. (NYSE: UTI) had its price target raised by analysts at Truist Financial Co. from $22.00 to $26.00. They now have a "buy" rating on the stock.MarketBeat
- Universal Technical Q4 Earnings & Revenues Beat Estimates, Up Y/Y [Yahoo! Finance]Yahoo! Finance
- Universal Technical Institute, Inc. (NYSE: UTI) had its price target raised by analysts at Lake Street Capital from $19.00 to $22.00. They now have a "buy" rating on the stock.MarketBeat
- Universal Technical Institute, Inc. (NYSE: UTI) had its price target raised by analysts at Northland Securities from $20.00 to $24.00. They now have an "outperform" rating on the stock.MarketBeat
UTI
Earnings
- 11/20/24 - Beat
UTI
Sec Filings
- 11/21/24 - Form SCHEDULE
- 11/20/24 - Form 8-K
- 11/14/24 - Form SC
- UTI's page on the SEC website