Exhibit 99.1 Universal Technical Institute Reports Fiscal Year 2024 Fourth Quarter and Year-End Results PHOENIX, ARIZ. - November 20, 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 fourth quarter and the full year ended September 30, 2024. Universal Technical Institute, Inc. operates in two reportable segments, Universal Technical Institute (UTI) ...

CANTON, Mich., Nov. 12, 2024 /PRNewswire/ -- UTI-Canton (formerly MIAT-Canton) today announced it has received the silver-level award from the Michigan Veterans Affairs Agency, designating the campus as a veteran-friendly institution. UTI is Universal Technical Institute, Inc.'s transportation, skilled trades, and energy education division.The Michigan Veteran-Friendly Schools Program recognizes academic institutions committed to supporting the needs of veterans and military-connected students. UTI-Canton p ...

Universal Technical Institute (UTI) shares ended the last trading session 11.2% higher at $19.03. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 10% gain over the past four weeks.This leading education stock gained on the expectations that some of the regulatory pressure on the industry will be eased after President-elect Donald Trump begins his term in January 2025.This school for auto, motorcycle and marine tech ...

Patterson-UTI (NASDAQ: PTEN ) reported its Q3 earnings last Thursday . The bad news is the company still isn't seeing a rebound in U.S. oil and gas drilling and completions activity, especially as a couple U.S. LNG export projects that would be Analyst's Disclosure: I/we have a beneficial long position in the shares of PTEN; NBR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ...

Patterson-UTI Energy, Inc. (PTEN) reported third-quarter 2024 breakeven earnings per share, which missed the Zacks Consensus Estimate of a cent. The bottom line declined from the year-ago quarter's level of 20 cents. This year-over-year deterioration was mainly due to poor contribution from the Drilling Services, Completion Services and Other Services segments.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Total revenues of $1357 million beat the Zacks Consensus Estimate of $1289 ...

Core Viewpoint - Patterson-UTI Energy, Inc. (PTEN) is expected to report third-quarter earnings on October 23, with earnings estimated at 1 cent per share and revenues at $1.29 billion, reflecting a significant year-over-year revenue increase despite a projected decline in earnings [1][2]. Group 1: Previous Quarter Performance - In the last reported quarter, PTEN's earnings were 5 cents per share, missing the consensus estimate by 4 cents, primarily due to poor performance in the Drilling Services segment [2]. - Revenues for the last quarter were $1.3 billion, which also fell short of the Zacks Consensus Estimate by 4.8% [2]. - PTEN has had mixed results in the past four quarters, beating estimates twice and missing twice, with an average negative surprise of 11.65% [2]. Group 2: Factors Influencing Current Quarter - PTEN's operating costs are projected to reach $1,271.7 million in the third quarter, a 27% increase from the previous year, impacting profitability [3]. - Direct operating costs are expected to rise from $691.5 million to $932.9 million, while selling, general, and administrative expenses are anticipated to increase from $45.1 million to $62.8 million [3]. - Depreciation, depletion, amortization, and impairment costs are projected to climb to $256.3 million, representing a 29.7% increase from the year-ago period [3]. Group 3: Revenue Expectations - Revenues for the upcoming quarter are expected to increase to $1,288.6 million from $1,011.5 million in the same quarter last year, driven by strong performance in the Completion Services and Drilling Products segments [4]. - Revenues from the Completion Services segment are projected to rise from $459.6 million to $814.0 million, while the Drilling Products segment is expected to grow from $46.57 million to $88 million [4]. Group 4: Earnings Prediction Model - The Zacks model does not predict an earnings beat for PTEN this quarter, as the Earnings ESP is -6.67% and the company holds a Zacks Rank of 4 (Sell) [5][6].

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Core Points - Universal Technical Institute's Dallas campus has been awarded the "School of Excellence" by the Accrediting Commission of Career Schools and Colleges (ACCSC) for the 2023-2024 period, marking its second recognition since 2017 [1][2][3] - The "School of Excellence" award is the highest distinction from ACCSC, recognizing institutions for their adherence to rigorous accreditation standards and student success [2][4] - UTI-Dallas offers programs in Automotive Technology, Diesel Technology, and Welding Technology, and has been operational since 2010 [3][5] Company Overview - Universal Technical Institute, Inc. is a leading provider of education programs in transportation, skilled trades, energy, and healthcare, operating 16 campuses across 9 states [5] - The company aims to provide quality education and support services for in-demand careers, addressing the skills gap in various industries [5][6] Accreditation Details - ACCSC is recognized by the U.S. Department of Education and accredits 575 postsecondary institutions, with only 19 schools receiving the "School of Excellence" award in the current cycle [4][6] - The award signifies a school's commitment to high-quality education and successful student outcomes [3][4]

Core Points - Universal Technical Institute's Sacramento campus has been awarded the "School of Excellence" by the Accrediting Commission of Career Schools and Colleges (ACCSC) for the 2023-2024 period, marking it as one of only 19 schools to receive this distinction [1][4] - The "School of Excellence" award recognizes institutions for their adherence to rigorous accreditation standards and their record of student success [2][3] - UTI-Sacramento, which opened in October 2005, offers various programs including Associate degrees in Automotive Technology and diplomas in Diesel Technology and Welding Technology, with plans to add HVACR programs pending regulatory approvals [3][5] Company Overview - Universal Technical Institute, Inc. is a leading provider of education programs in transportation, skilled trades, energy, and healthcare, operating 16 campuses across 9 states [5] - The company aims to provide quality education and support services for in-demand careers, addressing the needs of employers in various skilled fields [5] Accrediting Body Information - The ACCSC is recognized by the U.S. Department of Education and accredits 575 postsecondary, trade, and technical schools, serving over 150,000 students annually [4][6] - The commission focuses on enhancing educational quality and bridging the skills gap in the United States [6]

The School of Excellence Award is the highest institutional distinction awarded by the ACCSC. It celebrates accredited member institutions for their steadfast adherence to ACCSC's rigorous accreditation standards and outstanding record of student accomplishment. According to ACCSC Executive Director Dr. Michale McComis, "The School of Excellence Award highlights a school's efforts and its success in offering high-quality education that benefits students—it is a distinction that a school earns through meetin ...