---
schema_version: "secwatch.filing_event.v1"
accession: "0001261654-24-000053"
form_type: "8-K"
ticker: "UTI"
cik: "0001261654"
company_name: "UNIVERSAL TECHNICAL INSTITUTE INC"
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:09:35.331319+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# UTI reports Q3 revenue $177.5M (+15.8%), net income $5.0M, reiterates FY guidance and unveils FY2029 targets

## Summary
- Revenue $177.5M (+15.8%), net income $5.0M vs loss $0.5M, EPS $0.09 vs ($0.05).
- Adjusted EBITDA $18.4M, up 60.9%; average undergrad full-time active students +13.4% YoY.
- FY2024 guidance reiterated; revenue and new student starts expected at high end of ranges.
- Initial FY2025 target: revenue ~$800M, adj. EBITDA margin ~15% (+100bps).
- Organic plan: ~10% avg annual revenue growth, adj. EBITDA margin ~20% by FY2029; six new programs/year from FY2025, two new campuses/year from FY2026.

## SEC filing metadata
- accession: 0001261654-24-000053
- form_type: 8-K
- ticker: UTI
- cik: 0001261654
- company_name: UNIVERSAL TECHNICAL INSTITUTE INC
- filed_at: 2024-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1261654/000126165424000053/0001261654-24-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1261654/000126165424000053/uti-20240806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001261654-24-000053
- JSON: https://secwatch.observer/filing/0001261654-24-000053.json
- Plain text: https://secwatch.observer/filing/0001261654-24-000053.txt

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