Universal Technical Institute Reports Fiscal Year 2020 Fourth Quarter and Year-End Results
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Universal Technical Institute (UTI) Misses Q4 EPS by 3c, Revenues Miss
November 18, 2020 4:12 PM ESTUniversal Technical Institute (NYSE: UTI) reported Q4 EPS of $0.09, $0.03 worse than the analyst estimate of $0.12. Revenue for the quarter came in at $76.33 million versus the consensus estimate of $85.49 million.
Fourth quarter net income was $6.5 million, up 17.8% from prior year period, while net income for the year was $8.0 million compared to a net loss in the prior year of $7.9 million.Available liquidity of $114.9 million as of the end of the fourth quarter, an increase of $23 million versus the end of the prior quarter. Includes unrestricted cash, cash equivalents, and... More