Universal Technical Institute (UTI) Misses Q4 EPS by 11c

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Universal Technical Institute Reports Fiscal Year 2017 Fourth Quarter and Year-End Results

November 30, 2017 4:05 PM EST

SCOTTSDALE, Ariz., Nov. 30, 2017 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE: UTI), the leading provider of transportation technician training, reported financial results for the fiscal 2017 fourth quarter and full year ended September 30, 2017.

Kim McWaters, UTI's President and Chief Executive Officer, stated, "Fiscal 2017 marked a year of significant progress and change as UTI continues its transformation effort.  As forecasted, we grew student starts in the second half of fiscal 2017. Despite the Florida, Texas, and Puerto Rico hurricanes negatively impacting starts in the fourth quarter, we started... More