{"schema_version":"secwatch.filing_event.v1","accession":"0001261654-23-000097","form_type":"8-K","ticker":"UTI","cik":"0001261654","company_name":"UNIVERSAL TECHNICAL INSTITUTE INC","filed_at":"2023-11-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.480144+00:00","generated_at":"2026-06-08T02:03:36.294600+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 beats FY2023 guidance; guides FY2024 rev $705-715M, adj EBITDA $98-102M","bullets":["FY2023 revenue $607.4M (exceeded $602-605M); adj net income $22.3M (exceeded $17-20M).","Q4 revenue $170.3M (+53.9% YoY); net income $6.7M vs $2.8M; adj EBITDA $19.2M.","FY2024 guidance: revenue $705-715M (+17% YoY); adj EBITDA $98-102M (+56%); diluted EPS $0.53-0.58.","Total new student starts FY2023: 22,613; UTI +6% to 14,181; FY2024 target 24,500-25,500.","Concorde contributed 10-month revenue $178.1M and adj EBITDA $16.3M; total liquidity $159.7M."],"urls":{"canonical":"https://secwatch.observer/filing/0001261654-23-000097","json":"https://secwatch.observer/filing/0001261654-23-000097.json","markdown":"https://secwatch.observer/filing/0001261654-23-000097.md","text":"https://secwatch.observer/filing/0001261654-23-000097.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1261654/000126165423000097/0001261654-23-000097-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1261654/000126165423000097/uti-20231115.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T02:03:36.294600+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":"98bb09e52826140270eabfc98112a258ea7204a0","claim":"UNIVERSAL TECHNICAL INSTITUTE INC reported fiscal 2023 full year and fourth quarter ended September 30, 2023 results: revenue Full year revenue of $607.4 million, net income Full year net income was $12.3 million, EPS Basic and diluted EPS were $0.13.","evidence_excerpt":"• Full year revenue of $607.4 million in 2023 with UTI contributing $429.3 million and Concorde contributing $178.1 million. • Full year net income was $12.3 million while full year adjusted net income (1) was $22.3 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1261654/000126165423000097/0001261654-23-000097-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal 2023 full year and fourth quarter ended September 30, 2023"},{"label":"Revenue","value":"Full year revenue of $607.4 million"},{"label":"Net income","value":"Full year net income was $12.3 million"},{"label":"EPS","value":"Basic and diluted EPS were $0.13"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"9ae3bbb0b96f55349dd6351706704f784904ac29","claim":"UNIVERSAL TECHNICAL INSTITUTE INC reported the three-month period ended September 30, 2023 results: revenue $170.3 million, net income $6.7 million, EPS $0.10.","evidence_excerpt":"Revenues increased 53.9% to $170.3 million, compared to $110.6 million primarily due to the acquired Concorde segment contributing $55.0 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1261654/000126165423000097/0001261654-23-000097-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three-month period ended September 30, 2023"},{"label":"Revenue","value":"$170.3 million"},{"label":"Net income","value":"$6.7 million"},{"label":"EPS","value":"$0.10"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"f5e0564b2896179a6f416b3e0617b4952649f588","claim":"UNIVERSAL TECHNICAL INSTITUTE INC reported fiscal 2024 full year results: revenue $705 to $715 million. Guidance initiated.","evidence_excerpt":"Established fiscal 2024 full year guidance ranges including revenue of $705 to $715 million, and adjusted EBITDA of $98 to $102 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1261654/000126165423000097/0001261654-23-000097-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal 2024 full year"},{"label":"Revenue","value":"$705 to $715 million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}