Universal Technical reports Q2 EPS 21c vs 14c last year

Reports Q2 revenue $207.4M, consensus $197.6M. “We delivered another strong quarter in Q2 as we continued to advance our North Star Strategy and build on our operational momentum,” said Jerome Grant, CEO of Universal Technical (UTI) Institute, Inc. “We exceeded expectations across all key metrics, with revenue growing 13% year-over-year, average full-time active students increasing 10%, and new student starts rising over 21%. These results reflect disciplined execution across the organization and the strength of our growth, diversification, and optimization strategy, bolstered by favorable macroeconomic trends and rising demand for skilled trades and healthcare professionals. As a result, I’m pleased to announce we have raised our guidance across all metrics for fiscal 2025.”