{"schema_version":"secwatch.filing_event.v1","accession":"0001261654-22-000102","form_type":"8-K","ticker":"UTI","cik":"0001261654","company_name":"UNIVERSAL TECHNICAL INSTITUTE INC","filed_at":"2022-12-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.942253+00:00","generated_at":"2026-06-21T05:58:42.356983+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"UTI reports FY2022 revenue $418.8M (+25%); guides FY2023 $595-$610M","bullets":["FY2022 revenue $418.8M (+25% YoY), net income $25.8M, adjusted EBITDA $55.9M (+71.8%); all met/surpassed guidance.","Q4 revenue $110.6M (+13.5% YoY) but net income fell 76.5% to $2.8M; adjusted EBITDA $14.0M (-23.1% vs prior year).","Completed Concorde Career Colleges acquisition for $50M on Dec 1, 2022; drew $90M from new revolving credit facility.","FY2023 guidance: revenue $595-$610M (incl. 10 months of Concorde), adjusted EBITDA $58-$62M; targets >$700M revenue in FY2024.","New student starts FY +2.7% to 13,374; average active students up 11.7% to 12,838."],"urls":{"canonical":"https://secwatch.observer/filing/0001261654-22-000102","json":"https://secwatch.observer/filing/0001261654-22-000102.json","markdown":"https://secwatch.observer/filing/0001261654-22-000102.md","text":"https://secwatch.observer/filing/0001261654-22-000102.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1261654/000126165422000102/0001261654-22-000102-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1261654/000126165422000102/uti-20221212.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T05:58:42.356983+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"03a4fd8b691becc06e8b05537709ddb4a8216755","claim":"UNIVERSAL TECHNICAL INSTITUTE INC reported the fiscal year ended September 30, 2022 results: revenue $418.8 million, net income $25.8 million. Guidance reaffirmed.","evidence_excerpt":"Full year revenue of $418.8 million in 2022, an increase of 25.0% compared to the prior year","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1261654/000126165422000102/0001261654-22-000102-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended September 30, 2022"},{"label":"Revenue","value":"$418.8 million"},{"label":"Net income","value":"$25.8 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"8e84b7a70d906ac2a62ec9badf2309eb94ce12ca","claim":"UNIVERSAL TECHNICAL INSTITUTE INC reported fourth quarter ended September 30, 2022 results: revenue $110.6 million, net income $2.8 million. Guidance reaffirmed.","evidence_excerpt":"for the fiscal 2022 full year and fourth quarter ended September 30, 2022. • Full year revenue of $418.8 million in 2022, an increase of 25.0% compared to the prior year, and $110.6 million in the fourth quarter, up 13.5% compared to the prior year quarter. • Full year net income was $25.8 million compared to $14.6 million in the prior year, while net income for the","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1261654/000126165422000102/0001261654-22-000102-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter ended September 30, 2022"},{"label":"Revenue","value":"$110.6 million"},{"label":"Net income","value":"$2.8 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}