---
schema_version: "secwatch.filing_event.v1"
accession: "0001261654-23-000089"
form_type: "8-K"
ticker: "UTI"
cik: "0001261654"
company_name: "UNIVERSAL TECHNICAL INSTITUTE INC"
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T00:55:03.943550+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# UTI reports Q3 revenue $153.3M (+51.8%), net loss $0.5M; raises FY2023 guidance

## Summary
- Revenue of $153.3M (up 51.8%) driven by Concorde acquisition; UTI segment revenue $100.9M (-0.1%).
- Net loss of $0.5M vs net income $0.8M; adjusted net income $2.0M vs $5.7M.
- Adjusted EBITDA $11.4M vs $12.0M; UTI adjusted EBITDA $15.6M vs $20.6M.
- New student starts: UTI up 5.3% (first same-store start growth since Q3 2022); Concorde 1,967 starts.
- Raised FY2023 guidance: revenue tightened to $602-605M, adjusted EBITDA raised to $62-64M.

## SEC filing metadata
- accession: 0001261654-23-000089
- form_type: 8-K
- ticker: UTI
- cik: 0001261654
- company_name: UNIVERSAL TECHNICAL INSTITUTE INC
- filed_at: 2023-08-08T23:59:59+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/1261654/000126165423000089/0001261654-23-000089-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1261654/000126165423000089/uti-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001261654-23-000089
- JSON: https://secwatch.observer/filing/0001261654-23-000089.json
- Plain text: https://secwatch.observer/filing/0001261654-23-000089.txt

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