CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / News / Universal Technical Institute Reports Revenue Up 1.3%

Universal Technical Institute Reports Revenue Up 1.3%

May 13, 2019 By CollisionWeek Editor

New student starts were up 11.2 percent for the fiscal second quarter and 12.7 percent year to date.

Universal Technical Institute, Inc. (NYSE: UTI) reported revenues increased 1.3 percent to $81.7 million, driven by higher average full-time enrollment in its fiscal 2019 second quarter ended March 31. The increase occurred despite one less earning day compared to the prior year period.

UTI logoOperating expenses for the quarter decreased by 2.4 percent to $87.3 million, primarily due to lower compensation and related costs and contract and professional services expense. This decline was partially offset by $1.25 million in one-time costs related to

Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options. 

Filed Under: News Tagged With: Earnings, Universal Technical Institute

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Annual Conference Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Classic Collision Collision Industry Electronic Commerce Association Collision Repair Education Foundation Coronavirus Crash Champions Donations Earnings Electric Vehicles Florida I-CAR Lawsuits legislation LKQ Corporation National Auto Body Council Network Affiliations New Jersey New Vehicle Sales Non-OEM Parts Openings People PPG Industries Regulations Right to Repair Scholarships Texas United Kingdom Workforce Development

Recent Articles

  • CAPA Adds Three Board Members, Names Interim Leadership July 31, 2025
  • Axalta Reports $1.3 Billion in Second Quarter Sales July 31, 2025
  • Fix Auto USA Adds Collision Repair Center to Network in Temecula Valley July 31, 2025
  • Car ADAS Solutions Adds Location in Tennessee July 31, 2025
  • CSN Collision Add Repair Facilities to Network in Alberta and Ontario, Canada July 31, 2025
  • EPA Proposes to Rescind 2009 Climate Finding, Vehicle Emission Standards July 30, 2025
  • PPG Reports Q2 Sales of $4.2 Billion July 30, 2025

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2025 - QuanDec Corporation - All Rights Reserved ยท Log in