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Rush Enterprises joins Universal Technical Institute division's early employment program
Prnewswire· 2024-05-28 20:15
Selected diesel students at 10 campuses in six states can gain work experience while in school PHOENIX, May 28, 2024 /PRNewswire/ -- Universal Technical Institute (UTI), the transportation, skilled trades and energy education division of Universal Technical Institute, Inc., today announced that Rush Enterprises has joined the early employment program at the following campuses: UTI-Austin (Texas), UTIAvondale (Ariz.), UTI-Dallas, UTI-Houston, UTI-Lisle (Ill.), UTI-Long Beach (Calif.), UTI-Miramar (Fla.), UTI ...
Is Universal Technical (UTI) a Solid Growth Stock? 3 Reasons to Think "Yes"
zacks.com· 2024-05-27 17:46
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all. Impressive Asset Utilization Ratio Growth investors often overlook asset utilization ratio, also known as sales-to-total-assets (S/TA) ratio, but it is an important feature of a real growth stock. This metric exhibits how efficiently a firm is utilizing its assets to generate sales. In add ...
Why Universal Technical Institute (UTI) is a Top Value Stock for the Long-Term
zacks.com· 2024-05-27 14:47
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? ...
Universal Technical Institute(UTI) - 2024 Q2 - Quarterly Report
2024-05-09 12:42
__________________________________________________________________________________________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to ______ Commission File Number: 1-31923 UNIVER ...
Universal Technical Institute(UTI) - 2024 Q2 - Earnings Call Transcript
2024-05-09 01:55
Hi guys, thanks for taking my questions. Nice job on the quarter and on the guidance. Jerome Grant Great, thanks Alex. Troy Anderson So my first question is just a big picture within your operations. What's driving demand? We had headwinds, headwinds of COVID, headwinds of inflation. Those headwinds have apparently eased. Would you call it a tailwind at this point? Jerome Grant Well, I'd say we're seeing momentum build. I think there's been a great deal of positive press about the ROI of skilled trades, esp ...
Universal Technical Institute(UTI) - 2024 Q2 - Quarterly Results
2024-05-08 20:10
Exhibit 99.1 Universal Technical Institute Reports Fiscal Year 2024 Second Quarter Results Raised Fiscal 2024 Guidance for New Student Starts, Revenue and Profitability Introducing Initial Revenue and Profitability Projections for Fiscal 2025 PHOENIX, ARIZ. - May 8, 2024 - 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 2024 second quarter ended March 31, 202 ...
Universal Technical Institute(UTI) - 2024 Q1 - Quarterly Report
2024-02-08 13:58
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to ______ Commission File Number: 1-31923 UNIVERSAL TECHNICAL INSTITUTE, INC. (Exact name of registrant as specified in its charter) (State or other jur ...
Universal Technical Institute(UTI) - 2024 Q1 - Earnings Call Transcript
2024-02-08 01:08
I'd now like to turn the call over to Troy to review our first quarter financial results. Troy? As such, we will be actively managing the amount of the draw we have against the revolver to achieve this target and minimize interest expense as much as possible. Total debt was approximately $162 million while net debt was approximately $18 million. Our first quarter operating cash flow was $10.8 million and adjusted free cash flow was $10.2 million. Our cash CapEx of $3.8 million for the quarter was a bit ligh ...
Universal Technical Institute(UTI) - 2023 Q4 - Annual Report
2023-12-01 21:06
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to ______ Commission File Number 1-31923 UNIVERSAL TECHNICAL INSTITUTE, INC. (Exact name of registrant as specified in its charter) (State or other jurisdictio ...
Universal Technical Institute(UTI) - 2023 Q4 - Earnings Call Transcript
2023-11-16 00:16
Universal Technical Institute, Inc. (NYSE:UTI) Q4 2023 Earnings Conference Call November 15, 2023 4:30 PM ET Company Participants Matt Kempton - Vice President of Corporate Finance Jerome Grant - Chief Executive Officer Troy Anderson - Chief Financial Officer Conference Call Participants Eric Martinuzzi - Lake Street Raj Sharma - B. Riley Alex Paris - Barrington Research Operator Good day, and welcome to the Universal Technical Institute Q4 and Full Year 2023 Earnings Call. All participants will be in liste ...