Universal Technical Institute

Universal Technical Institute to Release First Quarter Fiscal Year 2023 Results on February 8, 2023

Retrieved on: 
Wednesday, January 18, 2023
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PHOENIX, Jan. 18, 2023 /PRNewswire/ -- Universal Technical Institute , Inc. (NYSE: UTI), a leading workforce solutions provider of transportation, skilled trades and healthcare education programs, today announced that it plans to report results for the first quarter of fiscal year 2023 on Wednesday, February 8, 2023, after market close.

Key Points: 
  • PHOENIX, Jan. 18, 2023 /PRNewswire/ -- Universal Technical Institute , Inc. (NYSE: UTI), a leading workforce solutions provider of transportation, skilled trades and healthcare education programs, today announced that it plans to report results for the first quarter of fiscal year 2023 on Wednesday, February 8, 2023, after market close.
  • To participate in the live call, investors are invited to dial (844) 881-0138 (domestic) or (412) 317-6790 (international).
  • A live webcast of the call will be available via the Universal Technical Institute investor relations website at https://investor.uti.edu .
  • Alternatively, the telephone replay can be accessed through February 22, 2023, by dialing (877) 344-7529 (domestic) or (412) 317-0088 (international) and entering passcode 5718590.

Universal Technical Institute Expands Platform of Workforce Solutions Offerings with Completion of Concorde Career Colleges, Inc. Acquisition

Retrieved on: 
Thursday, December 1, 2022
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The acquisition expands Universal Technical Institute's portfolio of offerings into the higher-growth healthcare arena and creates the opportunity to bring workforce educational solutions to a broader array of students and employers.

Key Points: 
  • The acquisition expands Universal Technical Institute's portfolio of offerings into the higher-growth healthcare arena and creates the opportunity to bring workforce educational solutions to a broader array of students and employers.
  • "On behalf of the Concorde team, I am excited to be joining Universal Technical Institute," said Concorde Chief Executive Officer Jami Frazier.
  • The other will continue as Universal Technical Institute, which also includes brands such as UTI, MIAT College of Technology, Motorcycle Mechanics Institute, Marine Mechanics Institute, and NASCAR Technical Institute.
  • For more information, visit www.uti.edu or www.concorde.edu , or visit us on LinkedIn at @Universal Technical Institute and @Concorde Career Colleges or on Twitter @news_UTI or @ConcordeCareer.

Universal Technical Institute Reports Preliminary, Unaudited Financial Results for Full Fiscal Year 2022; Provides Updates on Concorde Acquisition and New Financing Agreement

Retrieved on: 
Monday, November 21, 2022
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PHOENIX, Nov. 21, 2022 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE: UTI), a leading provider of transportation and technical training programs, today announced select preliminary, unaudited financial results for the full fiscal year ended September 30, 2022.

Key Points: 
  • "Our preliminary results for the fiscal year reflect the strength of our financial and operational performance, consistent with our expectations and most recent guidance," said Jerome Grant, CEO of Universal Technical Institute.
  • "We are also making good progress towards closing the Concorde acquisition, having received the DOE's APAR ahead of expectation.
  • The acquisition of Concorde, when completed, will mark yet another milestone as we execute our growth and diversification strategy.
  • Universal Technical Institute will release its fiscal 2022 fourth quarter and fiscal year results on Monday, December 12, 2022,before market open.

Universal Technical Institute & Imagine America Foundation Celebrate Scholarship Program's 20th Anniversary

Retrieved on: 
Tuesday, November 1, 2022
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PHOENIX, Nov. 1, 2022 /PRNewswire/ -- Universal Technical Institute (UTI) joined forces with the Imagine America Foundation (IAF) more than 20 years ago and together has reached a milestone of 12,000 scholarships awarded to UTI students between 2009 and 2022. This fall, additional $1,000 IAF scholarships were distributed to a diverse group of candidates, including military personnel, service veterans, career-transitioning adults, and recent high school graduates all attending UTI.

Key Points: 
  • PHOENIX, Nov. 1, 2022 /PRNewswire/ -- Universal Technical Institute (UTI) joined forces with the Imagine America Foundation (IAF) more than 20 years ago and together has reached a milestone of 12,000 scholarships awarded to UTI students between 2009 and 2022.
  • "UTI has been an integral partner of Imagine America Foundation for two decades," said Robert Martin, President and Chief Executive Officer of Imagine America Foundation .
  • UTI's campuses are accredited by the Accrediting Commission of Career Schools and Colleges (ACCSC), while its employer-aligned technical training programs are offered under four brands:Universal Technical Institute, Motorcycle Mechanics Institute / Marine Mechanics Institute, NASCAR Technical Institute, and MIAT College of Technology.
  • The Imagine America Foundation was established in 1982 as the Career College Foundation.

Universal Technical Institute and Volvo Car USA Expand Manufacturer-Paid Advanced Training Program

Retrieved on: 
Tuesday, October 4, 2022
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PHOENIX, Ariz., Oct. 4, 2022 /PRNewswire/ -- Universal Technical Institute (UTI) and Volvo Car USA (Volvo) are offering a new opportunity for UTI students on the East Coast who are interested in becoming certified Volvo technicians.

Key Points: 
  • PHOENIX, Ariz., Oct. 4, 2022 /PRNewswire/ -- Universal Technical Institute (UTI) and Volvo Car USA (Volvo) are offering a new opportunity for UTI students on the East Coast who are interested in becoming certified Volvo technicians.
  • "Manufacturer-paid advanced training programs like the Volvo TEKNIKER Apprentice Program are mutually beneficial for our students and our OEM partners," said Sharon Taylor-Ellis, VP of Advanced Training at UTI.
  • The Volvo TEKNIKER Apprentice Program is a Manufacturer-Specific Advanced Training (MSAT) available through UTI.
  • UTI's campuses are accredited by the Accrediting Commission of Career Schools and Colleges (ACCSC), while its employer-aligned technical training programs are offered under four brands:Universal Technical Institute, Motorcycle Mechanics Institute / Marine Mechanics Institute, NASCAR Technical Institute, and MIAT College of Technology.

Universal Technical Institute Earns "Excellence in Community Service" Award from Accrediting Commission of Career Schools and Colleges

Retrieved on: 
Thursday, September 22, 2022
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PHOENIX, Sept. 22, 2022 /PRNewswire/ -- Universal Technical Institute (UTI) has been recognized for inspiring high school girls to consider technical training and a skilled trades career by its accrediting body. The Accrediting Commission of Career Schools and Colleges (ACCSC) presented the "Excellence in Community Service" award to UTI representatives at the ACCSC's annual Professional Development Conference on September 20th. The award recognizes the scope and impact of a school's contributions, as well as the school's commitment to its community.

Key Points: 
  • The award recognizes the scope and impact of a school's contributions, as well as the school's commitment to its community.
  • "Through the Excellence inCommunityService award, ACCSC is delighted to recognize Universal Technical Institute's contributions to thecommunitiesin which the schools serve," said Karen R. Marcinski, director of commission affairs for ACCSC.
  • UTI-Rancho Cucamonga Campus President Migdalia Vazquez and NASCAR Technical Institute Campus President Jennifer Bergeron accepted the award on behalf of UTI.
  • UTI's campuses are accredited by the Accrediting Commission of Career Schools and Colleges (ACCSC), while its employer-aligned technical training programs are offered under four brands: Universal Technical Institute, Motorcycle Mechanics Institute / Marine Mechanics Institute, NASCAR Technical Institute, and MIAT College of Technology.

MIAT College of Technology Canton Earns "School of Distinction" Recognition from Accrediting Commission of Career Schools and Colleges

Retrieved on: 
Wednesday, September 14, 2022
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CANTON, Mich., Sept. 14, 2022 /PRNewswire/ -- MIAT College of Technology-Canton, which is part of the Universal Technical Institute (UTI) family of schools, has been awarded one of the most prestigious institutional achievements given by the Accrediting Commission of Career Schools and Colleges (ACCSC), the "School of Distinction" award for 2021-2022.

Key Points: 
  • "This 'School of Distinction' designation is a true honor and testament to MIAT employees and their unwavering commitment to our students and industry partners.
  • MIAT offers students a variety of technical training programs in aviation, industrial maintenance, wind energy, energy technology, robotics and automation, HVACR and welding.
  • UTI's campuses are accredited by the Accrediting Commission of Career Schools and Colleges (ACCSC), while its employer-aligned technical training programs are offered under four brands:Universal Technical Institute, Motorcycle Mechanics Institute / Marine Mechanics Institute, NASCAR Technical Institute, and MIAT College of Technology.
  • Since 1967, the Accrediting Commission of Career Schools and Colleges (ACCSC) has been recognized by the United States Department of Education as a reliable authority on educational quality.

Universal Technical Institute's Fendt Technician Academy Paves Way For Skilled Trade Students Pursuing Agricultural Careers

Retrieved on: 
Tuesday, August 23, 2022
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PHOENIX, Aug. 23, 2022 /PRNewswire/ -- Universal Technical Institute (UTI) continues to address the demand for skilled trade technicians in the agriculture industry through its Fendt Technician Academy, a 12-week specialized training program taught exclusively at the UTI-Lisle campus in Lisle, Illinois, while graduates of the program remain a top pick for Fendt authorized dealers around the country.

Key Points: 
  • Since the inception of the program in the Fall of 2021, more than 40 students have enrolled in or completed the program.
  • "We are pleased that the Fendt Technician Academy here at the Lisle campus is creating such an impact in the agriculture technician industry in such a short amount of time," said UTI-Lisle Campus President Roger Gomez.
  • The Fendt Technician Academy was originally announced in February of 2021 with AGCO Corporation, a globally-recognized manufacturer of agriculture machinery.
  • Foundedin 1965 and headquartered inPhoenix,Universal Technical Institute's mission is to serve our students, partners and communities by providing quality education and support services for in-demand careers.

Leith Automotive Teams Up with Morrisville Cars and Coffee to Boost Job Recruitment

Retrieved on: 
Friday, August 19, 2022
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The demand for skilled automotive technicians, especially, is expected to increase over the next several years nationwide.

Key Points: 
  • The demand for skilled automotive technicians, especially, is expected to increase over the next several years nationwide.
  • According to the United States Department of Labor, the transportation industry needs to fill nearly 100,000 technician job openings on average annually, between now and 2029.
  • Leith also recruits heavily from Wake Tech Community College, NASCAR Tech/Universal Technical Institute and the automotive program at Chapel Hill High School.
  • A family business created in Raleigh, Leith Cars has been serving the Triangle community for over 50 years, incorporating over 1,900 North Carolinians into its family.

Universal Technical Institute and IGNITE Worldwide Award Tuition Grants To Female Students Pursuing STEM Education This Fall

Retrieved on: 
Wednesday, August 17, 2022
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PHOENIX, Aug. 17, 2022 /PRNewswire/ -- Universal Technical Institute (UTI) has awarded tuition grants to three female students planning to pursue a STEM education and career after they graduate high school. All three applied through a grant program sponsored by UTI and IGNITE Worldwide, a non-profit organization working to change gender and racial equity in STEM. The students earned a combined $50,000 in total grants to cover a significant portion of their future UTI tuition.

Key Points: 
  • PHOENIX, Aug. 17, 2022 /PRNewswire/ -- Universal Technical Institute (UTI) hasawarded tuition grants to three female students planning to pursue a STEM education and career after they graduate high school.
  • All three applied through a grant program sponsored by UTI and IGNITE Worldwide, a non-profit organization working to change gender and racial equity in STEM.
  • The students earned a combined $50,000 in total grants to cover a significant portion of their future UTI tuition.
  • UTI's campuses are accredited by the Accrediting Commission of Career Schools and Colleges (ACCSC), while its employer-aligned technical training programs are offered under four brands: Universal Technical Institute, Motorcycle Mechanics Institute / Marine Mechanics Institute, NASCAR Technical Institute, and MIAT College of Technology.