{"schema_version":"secwatch.filing_event.v1","accession":"0001261654-23-000034","form_type":"8-K","ticker":"UTI","cik":"0001261654","company_name":"UNIVERSAL TECHNICAL INSTITUTE INC","filed_at":"2023-02-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.158165+00:00","generated_at":"2026-06-19T21:31:48.933460+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"UTI reports Q1 revenue $120M (+14% YoY), net income falls to $2.6M from $14.8M","bullets":["Revenue $120.0M, up 14.2% YoY; Concorde contributed $14.4M from Dec 1 acquisition.","Net income $2.6M ($0.02 diluted EPS) vs $14.8M ($0.25) prior year; adjusted net income $5.3M.","Adjusted EBITDA $14.4M vs $20.6M prior year; UTI segment adjusted EBITDA $23.3M vs $28.7M.","New student starts 2,310 (336 Concorde); total Concorde avg active students 7,737.","Reaffirms FY2023 guidance; targets FY2024 revenue >$700M and Adj EBITDA ~$100M."],"urls":{"canonical":"https://secwatch.observer/filing/0001261654-23-000034","json":"https://secwatch.observer/filing/0001261654-23-000034.json","markdown":"https://secwatch.observer/filing/0001261654-23-000034.md","text":"https://secwatch.observer/filing/0001261654-23-000034.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1261654/000126165423000034/0001261654-23-000034-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1261654/000126165423000034/uti-20230208.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T21:31:48.933460+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":"2fb72265f86eef2c1a3e4b815af21ec97f4930f3","claim":"UNIVERSAL TECHNICAL INSTITUTE INC reported fiscal 2023 first quarter ended December 31, 2022 results: revenue $120.0 million, net income $2.6 million. Guidance reaffirmed.","evidence_excerpt":"Institute (UTI) and Concorde Career Colleges (Concorde), and together with its segments and subsidiaries is referred to as the “Company”, “we,” “us” or “our.” • Revenue was $120.0 million with Concorde contributing $14.4 million. • Net income of $2.6 million, adjusted net income* of $5.3 million, and adjusted EBITDA* of $14.4 million. • Total new student starts of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1261654/000126165423000034/0001261654-23-000034-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal 2023 first quarter ended December 31, 2022"},{"label":"Revenue","value":"$120.0 million"},{"label":"Net income","value":"$2.6 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"}