Universal Technical Institute (UTI) Misses Q2 EPS by 107c

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Go back to Universal Technical Institute (UTI) Misses Q2 EPS by 107c

Universal Technical Institute Reports Fiscal Year 2016 Second Quarter Results

April 28, 2016 4:10 PM EDT

SCOTTSDALE, Ariz., April 28, 2016 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE: UTI), the leading provider of automotive technician training, today reported revenues for the second quarter ended March 31, 2016 of $88.2 million, a 3.3 percent decrease from $91.2 million for the second quarter of the prior year.  Including $27.9 million in income tax expense related to a full valuation allowance on our deferred tax assets, net loss for the second quarter ended March 31, 2016 was $32.0 million, or a loss of $1.32 per diluted share, compared to net income of $0.6 million, or 2 cents earnings per diluted share, for the second... More

Marine Mechanics Institute Launches First Mercury Marine Technician Certification Program

April 27, 2016 10:07 AM EDT

ORLANDO, Fla., April 27, 2016 /PRNewswire/ -- Universal Technical Institute (NYSE: UTI), the leading provider of post-secondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians, is launching the first Mercury Marine technician career training certification program at its Marine Mechanics Institute (MMI) campus in Orlando.

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