AP NEWS

Universal Technical: Fiscal 3Q Earnings Snapshot

August 7, 2018

SCOTTSDALE, Ariz. (AP) _ Universal Technical Institute Inc. (UTI) on Tuesday reported a loss of $11.7 million in its fiscal third quarter.

The Scottsdale, Arizona-based company said it had a loss of 52 cents per share.

The school for auto, motorcycle and marine technicians posted revenue of $74.9 million in the period.

Universal Technical expects full-year revenue in the range of $315 million to $320 million.

In the final minutes of trading on Tuesday, the company’s shares hit $3.09. A year ago, they were trading at $3.60.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UTI at https://www.zacks.com/ap/UTI

AP RADIO
Update hourly