---
schema_version: "secwatch.filing_event.v1"
accession: "0001261654-23-000080"
form_type: "8-K"
ticker: "UTI"
cik: "0001261654"
company_name: "UNIVERSAL TECHNICAL INSTITUTE INC"
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T08:20:39.264845+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Universal Technical Institute Q2 revenue $163.8M, adjusted EBITDA $19.2M, reaffirms FY guidance

## Summary
- Revenue rose 60.5% to $163.8M, driven by Concorde acquisition ($56.3M) and UTI segment +5.4%.
- Net income was $3.5M ($0.04 EPS); adjusted net income $6.3M; adjusted EBITDA $19.2M.
- Total new student starts 4,626; UTI starts up 4.4% YoY; Concorde contributed 2,252 starts.
- UTI segment revenue $107.6M (+5.4%); adjusted EBITDA $20.7M from $21.5M prior year.
- Reiterates full-year fiscal 2023 guidance; CEO highlighted new campus/program launches and board appointment.

## SEC filing metadata
- accession: 0001261654-23-000080
- form_type: 8-K
- ticker: UTI
- cik: 0001261654
- company_name: UNIVERSAL TECHNICAL INSTITUTE INC
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1261654/000126165423000080/0001261654-23-000080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1261654/000126165423000080/uti-20230509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001261654-23-000080
- JSON: https://secwatch.observer/filing/0001261654-23-000080.json
- Plain text: https://secwatch.observer/filing/0001261654-23-000080.txt

## Key facts
- Earnings Releases
  UNIVERSAL TECHNICAL INSTITUTE INC reported fiscal 2023 second quarter ended March 31, 2023 results: revenue $163.8 million, net income $3.5 million, EPS $0.04. Guidance reaffirmed.
  - Period: fiscal 2023 second quarter ended March 31, 2023
  - Revenue: $163.8 million
  - Net income: $3.5 million
  - EPS: $0.04
  - Guidance: reaffirmed
  - Result: reported results
  source text: Reven ue was $163.8 million with UTI increasing 5.4% versus the prior year period and Concorde contributing $56.3 million • Net income of $3.5 million , adjusted net income* of $6.3 million , and adjusted EBITDA* of $19.2 million . • Total new student starts of 4,626 with UTI increasing 4.4% versus the prior year period and 2,252 contributed by Concorde. • The Company reiterates its full year, fiscal 2023 guidance across all key metrics.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1261654/000126165423000080/0001261654-23-000080-index.htm

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