Universal Technical Institute (UTI) Misses Q1 EPS by 3c
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Universal Technical Institute Reports Fiscal Year 2016 First Quarter Results
February 4, 2016 4:07 PM ESTSCOTTSDALE, Ariz., Feb. 4, 2016 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE: UTI), the leading provider of automotive technician training, today reported revenues for the first quarter ended December 31, 2015 of $89.8 million, a 6.2 percent decrease from $95.7 million for the first quarter of the prior year. Net loss for the first quarter ended December 31, 2015 was $1.7 million, or a loss of 7 cents per diluted share, compared to net income of $3.1 million, or 12 cents earnings per diluted share, for the first quarter ended December 31, 2014. Our new campus in Long Beach, California, which opened during the fourth quarter... More
