Reports Q4 revenue $110.6M, consensus $111.47M. "We delivered strong financial results for the fiscal year that were inline or at the high-end of the guidance we provided at the beginning of the year. This was an important year for the growth of the Company, as we expanded our UTI business through new program offerings and new campuses to reach more students, enhanced our relationships with our employer and industry partners, and made significant progress against our long-term growth and diversification strategy with the acquisition of Concorde Career Colleges," said Jerome Grant, CEO of Universal Technical Institute. "Overall, I am proud of what our team accomplished in 2022, as we progressed and grew as a Company and continued to enhance the experiences and outcomes for our students."
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Read More on UTI:
- Universal Technical Institute Reports Fiscal Year 2022 Fourth Quarter and Year-End Results
- Universal Technical Institute Expands Platform of Workforce Solutions Offerings with Completion of Concorde Career Colleges, Inc. Acquisition
- Universal Technical Institute Reports Preliminary, Unaudited Financial Results for Full Fiscal Year 2022; Provides Updates on Concorde Acquisition and New Financing Agreement
