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The latest update is out from Universal Technical Institute ( (UTI) ).
Universal Technical Institute, Inc. reported a strong financial performance for fiscal year 2024, with a 20.6% increase in revenue to $732.7 million and a 240.9% rise in net income to $42 million. The company surpassed its financial guidance across key metrics, driven by growth in student enrollments and expansion of new programs. Looking ahead to fiscal 2025, UTI aims for continued growth with projected revenue between $800-$815 million and net income of $52-$56 million, as it enters the next phase of its strategic growth plan.
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