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Universal Technical Institute Inc (UTI.N)

UTI.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Universal Technical Institute reports Q2 loss per share $0.12
Thursday, 4 May 2017 04:05pm EDT 

May 4 (Reuters) - Universal Technical Institute Inc :Universal Technical Institute reports fiscal year 2017 second quarter results.Q2 loss per share $0.12.Q2 revenue $82.5 million versus $88.2 million.Qtrly revenues were $166.7 million, compared to $178.0 million, and excluded $9.4 million and $10.3 million.Qtrly loss per share $0.12.Q2 earnings per share view $-0.16 -- Thomson Reuters I/B/E/S.Q2 revenue view $78.6 million -- Thomson Reuters I/B/E/S.Universal Technical Institute Inc - UTI now expects revenue to be down in mid-to-high single digits in fiscal 2017.Universal Technical Institute Inc - UTI reaffirms its goal to grow student starts in second half of fiscal 2017.  Full Article

Universal Technical Institute Q1 loss per share $0.12
Wednesday, 1 Feb 2017 04:05pm EST 

Universal Technical Institute Inc : Universal Technical Institute Inc - uti now expects new student starts to be down in high-single digits for 2017 . Universal Technical Institute Inc - expects revenue to be down in mid-single digits in fiscal 2017 . Universal Technical Institute reports fiscal year 2017 first quarter results . Q1 loss per share $0.12 . Q1 revenue $84.2 million versus $89.8 million . Universal Technical - expects financial improvement plan implemented in sept 2016 to deliver more than $30 million in annualized cost savings in fiscal 2017 .Universal Technical Institute Inc - capital expenditures are expected to be approximately $12.5 million to $13.5 million for year ending September 30, 2017.  Full Article

Universal Technical Institute's CFO will be leaving Company
Tuesday, 27 Sep 2016 06:14am EDT 

Universal Technical Institute Inc : Eugene Putnam, Jr., president and CFO will be leaving co effective November 30, 2016 .Effective September, 26, 2016, Bryce Peterson will serve as chief financial officer.  Full Article

Universal Technical sees 2016 revenue down about 6-7 percent
Thursday, 4 Aug 2016 04:05pm EDT 

Universal Technical Institute Inc : Q3 loss per share $0.21 . Sees fy 2016 revenue down about 6 to 7 percent . Universal technical institute reports fiscal year 2016 third quarter results . Q3 revenue fell 3.3 percent to $82.3 million . For year ending sept. 30, 2016, expect new student starts, average student population to be down in low double digits .Lowered anticipated capital expenditures which are now expected to be in range of $8.0 to $9.0 million in 2016.  Full Article

Universal Technical Institute enters securities purchase agreement
Friday, 24 Jun 2016 09:00am EDT 

Universal Technical Institute Inc : Says entered into a securities purchase agreement with an affiliate of Coliseum Capital Management, Llc .Universal Technical Institute Inc says co has issued and purchaser has purchased 700,000 shares of series a convertible preferred stock for $70 million.  Full Article

Universal Technical Institute ends quarterly cash dividend
Thursday, 9 Jun 2016 05:10pm EDT 

Universal Technical Institute Inc : Universal Technical Institute announces elimination of quarterly cash dividend .Universal Technical Institute Inc says board of directors voted to eliminate quarterly cash dividend on UTI common stock.  Full Article

Universal Technical Institute Inc announces quarterly cash dividend
Friday, 20 Nov 2015 04:05pm EST 

Universal Technical Institute Inc:Approves quarterly cash dividend on UTI common stock.Says cash dividend of $0.02 per share.Payable on Dec.18 will be paid to common stockholders of record as of Dec. 4.  Full Article

Universal Technical Institute Inc announces quarterly cash dividend
Wednesday, 16 Sep 2015 06:00pm EDT 

Universal Technical Institute Inc:Approved reduced quarterly cash dividend on UTI common stock.Says cash dividend of $0.02 per share, payable on Oct. 5, will be paid to common stockholders of record as of Sept. 28.  Full Article

Universal Technical Institute reaffirms FY 2015 outlook
Thursday, 6 Aug 2015 04:05pm EDT 

Universal Technical Institute Inc:Says that guidance for FY 2015 remains relatively unchanged.Expects FY 2015 revenue to decline about 3 pct. to 4 pct.Reported revenue of $378.39 million in FY 2014.FY 2015 revenue of $365.97 million - Thomson Reuters I/B/E/S.  Full Article

Universal Technical Institute Inc declares quarterly cash dividend
Tuesday, 9 Jun 2015 04:05pm EDT 

Universal Technical Institute Inc:Approved a quarterly cash dividend on UTI common stock of $0.10 per share.Payable on June 30 to common stockholders of record as of June 19.  Full Article

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BRIEF-Universal Technical Institute reports Q2 loss per share $0.12

* Universal Technical Institute reports fiscal year 2017 second quarter results