Universal Technical Institute (UTI) Misses Q3 EPS by 4c
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Universal Technical Institute Reports Fiscal Year 2015 Third Quarter Results
August 6, 2015 4:06 PM EDTSCOTTSDALE, Ariz., Aug. 6, 2015 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE: UTI), the leading provider of automotive technician training, today reported revenues for the third quarter ended June 30, 2015 of $85.1 million, a 6.8 percent decrease from $91.3 million for the third quarter of the prior year. Net loss for the third quarter ended June 30, 2015 was $3.0 million, or a loss of 12 cents per diluted share, compared to net income of $0.4 million, or 1 cent per diluted share, for the third quarter ended June 30, 2014. Pre-opening costs for our Long Beach, California campus impacted operating loss by approximately... More
