Universal Technical: Fiscal 4Q Earnings Snapshot
SCOTTSDALE, Ariz. (AP) _ Universal Technical Institute Inc. (UTI) on Thursday reported a loss of $11 million in its fiscal fourth quarter.
On a per-share basis, the Scottsdale, Arizona-based company said it had a loss of 49 cents.
The school for auto, motorcycle and marine technicians posted revenue of $80.3 million in the period.
For the year, the company reported that its loss widened to $32.7 million, or $1.51 per share. Revenue was reported as $317 million.
Universal Technical expects full-year revenue in the range of $322 million to $332 million.
In the final minutes of trading on Thursday, the company’s shares hit $2.80. A year ago, they were trading at $3.65.