---
schema_version: "secwatch.filing_event.v1"
accession: "0001261654-22-000082"
form_type: "8-K"
ticker: "UTI"
cik: "0001261654"
company_name: "UNIVERSAL TECHNICAL INSTITUTE INC"
filed_at: "2022-05-04T23:59:59+00:00"
generated_at: "2026-06-26T00:27:26.155014+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# UTI reports Q2 revenue up 31% to $102.1M; net income $7.4M; announces acquisition of Concorde

## Summary
- Revenue $102.1M (+31.4% YoY); net income $7.4M vs. loss of $1.5M; adjusted EBITDA $10.9M vs. $2.8M.
- Average undergraduate active students +13.6%; new student starts -5.4% due to Omicron.
- Revised FY2022 guidance: raised lower end of revenue and profit ranges; lowered start growth forecast.
- Agreed to acquire Concorde Career Colleges (healthcare education) to diversify into healthcare field.
- Post-quarter closed $20M financing for Lisle campus; YTD capex $24.8M for new campuses and programs.

## SEC filing metadata
- accession: 0001261654-22-000082
- form_type: 8-K
- ticker: UTI
- cik: 0001261654
- company_name: UNIVERSAL TECHNICAL INSTITUTE INC
- filed_at: 2022-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1261654/000126165422000082/0001261654-22-000082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1261654/000126165422000082/uti-20220504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001261654-22-000082
- JSON: https://secwatch.observer/filing/0001261654-22-000082.json
- Plain text: https://secwatch.observer/filing/0001261654-22-000082.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.