Detail akcie Universal Tech online

Business Summary: Universal Technical Institute, Inc. is a workforce solutions provider of transportation, skilled trades and healthcare education programs. Its segments include Universal Technical Institute (UTI) and Concorde Career Colleges (Concorde). UTI segment operates 16 campuses located in nine states and offers a range of degree and non-degree transportation and skilled trades technical training programs under brands, such as Universal Technical Institute, Motorcycle Mechanics Institute and Marine Mechanics Institute, NASCAR Technical Institute, and MIAT College of Technology. UTI also offers manufacturer specific advanced training programs, including student-paid electives, at its campuses and manufacturer or dealer-sponsored training at certain campuses and dedicated training centers. Concorde segment operates 17 campuses located in eight states and online, offering degree, non-degree, and continuing education programs in the allied health, dental, nursing, patient care and diagnostic fields.
Financial Summary: BRIEF: For the three months ended 31 December 2023, Universal Technical Institute, Inc. revenues increased 46% to $174.7M. Net income applicable to common stockholders increased from $857K to $6.4M. Revenues reflect Concorde segment increase from $14.4M to $59.3M, UTI segment increase of 9% to $115.4M. Net income benefited from Concorde segment income totaling $7.1M vs. loss of $726K, Corporate segment loss decrease of 30% to $8M.