Universal Technical Institute(UTI) - 2024 Q1 - Earnings Call Transcript

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 ...