Universal Technical Institute (UTI) Tops Q3 EPS by 1c

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Go back to Universal Technical Institute (UTI) Tops Q3 EPS by 1c

Universal Technical Institute Reports Fiscal Year 2016 Third Quarter Results

August 4, 2016 4:05 PM EDT

SCOTTSDALE, Ariz., Aug. 4, 2016 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE: UTI), the leading provider of automotive technician training, today reported revenues for the third quarter ended June 30, 2016 of $82.3 million, a 3.3 percent decrease from $85.1 million for the third quarter of the prior year.  Net loss for the third quarter ended June 30, 2016 was $5.1 million, or a loss of 21 cents per diluted share, compared to net loss of $3.0 million, or 12 cents loss per diluted share, for the third quarter ended June 30, 2015.

Revenues for the nine months ended June 30, 2016 were $260.2 million, a 4.3 percent decrease from $272.0... More