secwatch.observer — SEC 8-K summary
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Issuer:     UNIVERSAL TECHNICAL INSTITUTE INC (UTI)
CIK:        0001261654
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001261654-26-000009
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UTI Q2 revenue up 6.7% to $221.4M, but net income drops to $0.4M from $11.4M due to growth costs
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- Revenue $221.4M (+6.7% YoY); net income $0.4M ($0.01 EPS) vs $11.4M ($0.21 EPS) last year.
- Adjusted EBITDA $14.1M, down 51% YoY, reflecting $11M in strategic growth expenses for new campuses.
- Average full-time active students 26,385 (+7.2%); new student starts 7,569 (+13.8%) with UTI-San Antonio campus 60% above plan.
- Full-year fiscal 2026 guidance reaffirmed across all metrics including revenue and EPS.
- UTI-Atlanta campus on track for July start; early enrollments pacing well.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1261654/000126165426000009/0001261654-26-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1261654/000126165426000009/uti-20260506.htm
  HTML page:      https://secwatch.observer/filing/0001261654-26-000009

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer