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Universal Technical Institute(UTI) - 2026 Q1 - Earnings Call Presentation
2026-02-04 21:30
This presentation contains forward-looking statements within the meaning of the safe harbor from civil liability provided for such statements by the Private Securities Litigation Reform Act of 1995 (set forth in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). Forward-looking statements may contain words such as "goal," "target," "future," "estimate,""expect," "anticipate," "intend," "plan," "believe," "seek," "project," "may," "shou ...
Universal Technical Institute(UTI) - 2026 Q1 - Quarterly Results
2026-02-04 21:04
Financial Performance - Revenue for Q1 FY2026 was $220.8 million, an increase of 9.6% compared to $201.4 million in Q1 FY2025[4] - Net income decreased to $12.8 million, down $9.3 million from $22.2 million in the prior year, primarily due to strategic growth expenses[5] - Adjusted EBITDA was $27.1 million, a decrease of 23.5% from $35.5 million in the same period last year, impacted by $7.6 million in strategic growth investments[5] - Revenues for the three months ended December 31, 2025, increased to $220,844 thousand from $201,429 thousand, representing a growth of 9.5% year-over-year[22] - Net income decreased to $12,827 thousand, down from $22,153 thousand, reflecting a decline of 42.2% compared to the same period last year[22] - Adjusted EBITDA for the three months ended December 31, 2025, was $27,148,000, compared to $35,505,000 for the same period in 2024, reflecting a decline of 23.5%[32] - Free cash flow for the three months ended December 31, 2025, was $(19,158,000), a significant decrease from $19,617,000 in the same period of 2024[33] - The company reported a net cash provided by operating activities of $3,084,000 for the three months ended December 31, 2025, down from $22,962,000 in 2024[33] Student Enrollment and Growth - Average full-time active students increased by 7.2% to 26,858, with total new student starts rising by 2.6% to 5,449[4] - Total new student starts for the quarter were 5,449, a year-over-year increase of 2.6%, with UTI showing a growth of 5.1%[28] - Average full-time active students rose to 26,858, marking a year-over-year growth of 7.2%[28] Operating Expenses - Operating expenses rose by 17.9% to $205.2 million, driven by growth in student numbers and strategic growth expenses[5] - Total operating expenses increased to $205,157 thousand from $173,951 thousand, a rise of 17.9% year-over-year[22] - Compensation and benefits expenses increased to $108,446,000 in Q4 2025, up from $94,767,000 in Q4 2024, marking a rise of 14.4%[31] - Advertising expenses rose to $25,206,000 in Q4 2025, compared to $21,228,000 in Q4 2024, an increase of 18.8%[31] - Depreciation and amortization expenses for the consolidated entity were $8,905,000 in Q4 2025, compared to $7,999,000 in Q4 2024, reflecting an increase of 11.3%[31] - Corporate support expenses were reported as $(26,757,000) in Q4 2025, indicating a significant increase in corporate costs compared to $(19,817,000) in Q4 2024[31] Financial Position - Total available liquidity as of December 31, 2025, was $233.2 million, including $93.6 million in cash and cash equivalents[8] - Total debt at the end of Q1 FY2026 was $101.4 million, with $35.0 million drawn on the revolving credit facility[8] - Total assets as of December 31, 2025, were $833,961 thousand, compared to $826,139 thousand as of September 30, 2025[25] Strategic Initiatives - The company plans to open four new campus locations, pending regulatory approvals[4] - The company is focused on addressing the skilled labor gap through partnerships and innovative pathways, enhancing its position as a workforce solutions provider[3] - The company centralized operations in accounting, finance, IT, HR, and real estate to enhance efficiency and support growth initiatives[29] Shareholder Information - The weighted average number of shares outstanding increased to 55,744 thousand from 55,406 thousand[22] - The company reported a provision for credit losses of $7,785 thousand, significantly higher than $2,101 thousand in the prior year[27] - The company incurred integration-related costs of $51,000 for completed acquisitions in Q4 2025, compared to $700,000 in 2024[32]
Universal Technical Institute Reports Fiscal Year 2026 First Quarter Results
Prnewswire· 2026-02-04 21:03
Company's strong performance and execution support growth targets for 2026 and beyond PHOENIX, Feb. 4, 2026 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE: UTI), a leading workforce solutions provider of transportation, skilled trades and healthcare education programs, reported financial results for the fiscal 2026 first quarter ended December 31, 2025. Universal Technical Institute, Inc. operates in two reportable segments, Universal Technical Institute (UTI) and Concorde Career Colleges (Concor ...
Recruitment Underway for New UTI-Atlanta and UTI-San Antonio Campuses
Prnewswire· 2026-02-04 14:14
New campuses scheduled to open in 2026 pending regulatory approvals ATLANTA and PHOENIX and SAN ANTONIO, Feb. 4, 2026 /PRNewswire/ -- Universal Technical Institute (UTI), the transportation, skilled trades, electrical and energy education division of Universal Technical Institute, Inc. (NYSE: UTI), today announced that recruitment has begun for its new campuses in Atlanta and San Antonio. "These new campuses reflect our continued commitment to building workforce solutions that meet the needs of students, e ...
EDU or UTI: Which Is the Better Value Stock Right Now?
ZACKS· 2026-02-03 17:40
Investors looking for stocks in the Schools sector might want to consider either New Oriental Education (EDU) or Universal Technical Institute (UTI) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank favors stocks ...
Concorde Career Colleges Celebrates National Children's Dental Health Month by Offering No-Cost Dental Services to Local Communities
Prnewswire· 2026-01-28 14:15
Core Insights - Concorde Career Colleges is hosting no-cost "Making Smiles" events across seven campuses to promote preventive oral care for children aged 4 to 17 during National Children's Dental Health Month [1][3] Group 1: Event Details - The events will provide preventive dental services such as X-rays, dental cleanings, fluoride applications, and dental kits at no cost [3][4] - Care will be administered by Concorde dental hygiene students under the supervision of licensed dental professionals [4] - Advance registration is required for the events, with a limited number of same-day appointments available [4] Group 2: Community Impact - Approximately 34 million school hours are lost annually due to emergency dental care, highlighting the importance of preventive measures [2] - The American Academy of Pediatric Dentistry emphasizes that tooth decay, the most common chronic childhood disease, is largely preventable through good oral hygiene practices [2] - Concorde's commitment extends beyond February, as it operates Dental Hygiene Clinics at 15 campuses, providing low-cost preventive care to the community year-round [6] Group 3: Organizational Background - Concorde Career Colleges is part of Universal Technical Institute, Inc. and operates 18 campuses across eight states, focusing on preparing healthcare professionals in various fields [7] - The organization aims to bridge gaps in access to oral care and support communities while providing students with hands-on patient care experience [3][6]
Universal Technical Institute, Inc. Advances Successful North Star Strategy, Selects Phoenix for New Concorde Division Facility
Prnewswire· 2026-01-27 14:15
Concorde-Phoenix to offer healthcare programs, including nursing, dental assistant/dental hygiene, medical and physical therapy assistant and allied health.PHOENIX, Jan. 27, 2026 /PRNewswire/ -- Universal Technical Institute, Inc., a national leader in workforce training programs, continues to advance its successful North Star strategy to address America's skilled labor shortage. Today, the company announced Phoenix as the site of a new facility for its healthcare division, Concorde Career Colleges. Cont ...
APEI vs. UTI: Which Stock Should Value Investors Buy Now?
ZACKS· 2026-01-16 17:41
Core Viewpoint - Investors in the Schools sector should consider American Public Education (APEI) and Universal Technical Institute (UTI) for potential undervalued stock opportunities [1] Group 1: Company Rankings and Performance - APEI has a Zacks Rank of 1 (Strong Buy), indicating a positive earnings estimate revision trend, while UTI has a Zacks Rank of 5 (Strong Sell) [3] - APEI's improving analyst outlook makes it a more favorable option for investors compared to UTI [3] Group 2: Valuation Metrics - APEI has a forward P/E ratio of 18.17, significantly lower than UTI's forward P/E of 34.82 [5] - APEI's PEG ratio is 1.21, while UTI's PEG ratio is 2.32, suggesting APEI is more reasonably valued in relation to its expected earnings growth [5] - APEI's P/B ratio is 2.62 compared to UTI's P/B of 4.61, further indicating APEI's relative undervaluation [6] - APEI's Value grade is B, while UTI's Value grade is D, reinforcing APEI's position as the better investment choice [6]
Patterson-UTI Inks Rig Lease Deal for Archer's Vaca Muerta Operations
ZACKS· 2026-01-16 13:20
Core Insights - Patterson-UTI Energy, Inc. has secured a multi-year agreement to lease two APEX 1500 drilling rigs to DLS Archer Ltd. S.A, enhancing its international presence in the oil and gas sector [1][12][14] - The APEX 1500 rigs will support Archer's operations in the Vaca Muerta formation, a significant unconventional oil and gas reserve in Argentina [1][3][6] Expansion of International Footprint - The APEX 1500 rigs are part of Patterson-UTI's high-spec rig fleet in the U.S., designed for high-performance unconventional drilling projects [2][10] - The rigs will be mobilized to Argentina to assist Archer's contract with YPF S.A., the largest oil and gas company in Argentina [2][6] Vaca Muerta Formation - The Vaca Muerta formation is recognized for its vast reserves, attracting major oil and gas operators [3][7] - Patterson-UTI's provision of APEX 1500 rigs demonstrates its commitment to meeting the demand for advanced drilling solutions in Argentina's energy sector [3][5] Rig Mobilization and Operations Timeline - The APEX 1500 rigs are expected to begin operations by mid-2026, with Archer responsible for all costs related to rig preparation and mobilization [4][9] Strengthening Partnerships - The collaboration between Patterson-UTI and Archer aims to maximize operational efficiency and productivity in drilling operations [6][14] - The rigs will be part of Archer's broader seven-rig contract with YPF, marking a significant milestone for both companies [6][12] Technological Advancements - The APEX 1500 rigs are engineered for demanding drilling environments, featuring advanced automation systems that enhance safety and operational efficiency [10][11] - These technological advancements provide a competitive edge in drilling efficiency and cost management [11][15] Strategic Focus on International Growth - The agreement with Archer represents a strategic expansion of Patterson-UTI's international operations, prioritizing markets like Argentina [12][13] - This move aligns with Patterson-UTI's strategy to diversify revenue streams and enhance its global reach [13][15]
Universal Technical Institute, Inc. to Hold Fiscal First Quarter 2026 Conference Call on Wednesday, February 4, 2026, at 4:30 p.m. ET
Prnewswire· 2026-01-14 21:15
Core Viewpoint - Universal Technical Institute, Inc. will hold a conference call on February 4, 2026, to discuss its financial and operational results for the fiscal first quarter ended December 31, 2025 [1] Group 1: Conference Call Details - The conference call is scheduled for Wednesday, February 4, 2026, at 4:30 p.m. Eastern time [2] - Participants can join the call using the toll-free number 1-844-881-0138 or the international number 1-412-317-6790 [2] - A telephonic replay will be available after 8:00 p.m. Eastern time on the same day through February 18, 2026 [2][3] Group 2: Company Overview - Universal Technical Institute, Inc. was founded in 1965 and is a leading provider of workforce solutions, serving students, partners, and communities nationwide [3] - The company operates two divisions: UTI and Concorde Career Colleges, with UTI offering programs in transportation, skilled trades, electrical, and energy training [3] - Concorde Career Colleges operates across 17 campuses in eight states and online, providing programs in allied health, dental, nursing, patient care, and diagnostic fields [3]