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Universal Technical reports Q2 EPS 9c, consensus 7c

Reports Q2 revenue $177.5M, consensus $172.79M. “Our momentum persisted as we moved into the second half of the fiscal year,” said Jerome Grant, CEO of Universal Technical Institute. “We have been highly focused on ramping up our most recent program launches, enhancing the yield of marketing investments to maximize lead generation and inquiry conversion, and optimizing our workforce and facilities utilization. These initiatives have translated into strong performance across the board as we increased revenue, expanded our margins, and improved our overall operating leverage compared to the prior-year period.”

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