earnings
confidence high
sentiment positive
materiality 0.80
Universal Technical Institute reports FY2024 revenue $732.7M, net income $42M; FY2025 guidance $800-815M revenue
UNIVERSAL TECHNICAL INSTITUTE INC
2024-FY EPS reported
$0.75
revenue$732,687,000
- Q4 revenue $196.4M (+15.3% YoY); net income $18.8M (+180.6%); adjusted EBITDA $37.3M (+94.6%).
- Full year revenue $732.7M (+20.6%), net income $42.0M (+240.9%), adjusted EBITDA $102.9M (+60.1%).
- FY2025 guidance: revenue $800-$815M, net income $52-$56M, adjusted EBITDA $120-$124M.
- Segment: UTI revenue $130.5M; Concorde revenue $65.8M. New student starts Q4 11,492 (+10.6%).
- Total liquidity $230.9M; debt $125.7M. CEO North Star Strategy Phase II underway.