#None #Fiscal 2025 #Universal Technical Institute #Concorde Career Colleges

Universal Technical Institute Reports Remarkable Q3 Growth

Introduction
In its latest financial statement, Universal Technical Institute, Inc. (NYSE: UTI) has unveiled its fiscal year 2025 third quarter results, which ended on June 30, 2025. The report indicates a robust performance characterized by solid revenue growth, increased student enrollment, and an enhanced guidance outlook.

Key Financial Metrics
For the third quarter of fiscal 2025, Universal Technical Institute reported revenues of $204.3 million, depicting a notable 15.1% increase compared to the same period last year. The company achieved a net income of $10.7 million, which translates to a remarkable 113.9% year-over-year growth. Additionally, the average full-time active student count rose by 12.7%, reflecting an upward trend in new student enrollment, which increased by 2.8%.

Strong Performance Context
Jerome Grant, CEO of Universal Technical Institute, attributed this growth to consistent execution across the company's operational framework and the expanding demand for skilled-collar jobs. He emphasized that the company's revenue potential is strengthened by strategic investments aimed at amplifying the UTI brand in the workforce solutions space. The adjusted EBITDA also showed positive movement, reaching $25.3 million, which marks a 37.3% increase from the previous year.

Increased Guidance Confidence
Reflecting on a favorable regulatory environment and strong quarterly results, the management has raised its revenue guidance for the fiscal year 2025. The company now expects to achieve between $830 million and $835 million in revenue along with 29,500 to 30,000 new student starts.

North Star Strategy Progress
In a significant move, the company has also reported on the progress of its North Star Strategy Phase II. After productive engagements with the Department of Education, UTI has seen the lifting of core growth restrictions on its Concorde Career Colleges division, enabling the acceleration of growth initiatives ahead of schedule for the upcoming fiscal year. Grant underscored the pivotal nature of this milestone, which will empower Concorde to rapidly expand its program offerings and campus facilities.

Financial Overview

• - Revenues for Q3: $204.3 million (15.1% increase)
• - Net Income for Q3: $10.7 million (113.9% increase)
• - Adjusted EBITDA: $25.3 million (37.3% increase)
• - Full-Time Active Students: Increased by 12.7%
• - New Students: 5,721 starts in Q3, compared to 5,567 in the previous year.

Segment Results
UTI Division:

• - Revenue reached $131.5 million (12.2% increase)
• - Operating income improved to $14.2 million
• - Adjusted EBITDA was $26.5 million (largely due to increased student numbers)

Concorde Division:

• - Revenue surged to $72.8 million (20.7% increase)
• - New student starts significantly up by 18.8%, reflecting the successful marketing and admissions strategies employed.

Conclusion and Future Outlook
The financial performance reported indicates a solid foundation for Universal Technical Institute as it prepares for future growth. This optimistic financial trajectory supported by a proactive strategy and favorable market demand positions UTI to continue its upward momentum in the coming quarters. The leadership's focus on scalability, program diversification, and maintaining favorable student outcomes is crucial as the company moves forward, with renewed confidence after lifting regulatory restrictions on growth.

About Universal Technical Institute
Founded in 1965, Universal Technical Institute is a leading provider of workforce education focused on transportation, skilled trades, and healthcare. It aims to equip students with the technical skills necessary for successful careers in various high-demand sectors. The company operates across multiple campuses under various brands, enhancing its educational offerings in today’s dynamic job market.

For additional details about UTI’s operations or to explore its educational programs, visit Universal Technical Institute.