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Universal Technical Institute, Inc. Announces San Antonio as Inaugural Site for Skilled Trades-Focused Campus
Prnewswire· 2025-04-21 13:15
Core Insights - Universal Technical Institute, Inc. (UTI) is opening its first skilled trades campus in San Antonio as part of its North Star strategy to enhance workforce education in the U.S. [1][2] - The San Antonio campus is one of three planned for Fiscal 2026, pending regulatory approvals, and will focus on transportation, skilled trades, and energy education [2][6] - The new campus is expected to open in Spring 2026 and will offer programs in aviation, welding, HVACR, and electrical training [3][4] Company Strategy - UTI's North Star strategy emphasizes growth, diversification, and optimization, aiming for approximately 10% revenue CAGR and an Adjusted EBITDA margin of nearly 20% by fiscal 2029 [6] - The company reported strong financial results for Q1 of fiscal 2025, with improvements in revenue, Adjusted EBITDA, and new student starts, leading to increased guidance for the fiscal year [6] Community Impact - Local officials, including San Antonio's Mayor Ron Nirenberg, have expressed support for UTI's presence, highlighting its role in enhancing economic mobility for the community [5] - The San Antonio campus will occupy over 50,000 square feet and is strategically located to meet the growing demand for skilled workers in the area [4][5]
Lincoln Educational Services(LINC) - 2024 Q4 - Earnings Call Transcript
2025-02-24 18:50
Lincoln Educational Services Corporation (NASDAQ:LINC) Q4 2024 Earnings Conference Call February 24, 2025 10:00 AM ET Company Participants Michael Polyviou - Investor Relations Scott Shaw - President & Chief Executive Officer Brian Meyers - Chief Financial Officer Conference Call Participants Alex Paris - Barrington Research Steven Frankel - Rosenblatt Securities Eric Martinuzzi - Lake Street Operator Good day, and thank you for standing by. Welcome to the Q4 2024 Lincoln Educational Services earnings confe ...