UTI Files 8-K on Financial Results & Exhibits
Ticker: UTI · Form: 8-K · Filed: Feb 7, 2024 · CIK: 1261654
| Field | Detail |
|---|---|
| Company | Universal Technical Institute Inc (UTI) |
| Form Type | 8-K |
| Filed Date | Feb 7, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-condition, results-of-operations, exhibits
TL;DR
**UTI just dropped an 8-K on its financials, time to check the numbers.**
AI Summary
Universal Technical Institute, Inc. (UTI) filed an 8-K on February 7, 2024, to report on its 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits.' This filing indicates that UTI is providing an update on its financial performance and related disclosures. For investors, this matters because it offers a timely glimpse into the company's recent financial health, which can influence stock price and future investment decisions.
Why It Matters
This filing provides investors with crucial, up-to-date financial information about Universal Technical Institute, Inc., enabling them to assess the company's performance and make informed investment decisions.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial information, not an announcement of a major adverse event.
Analyst Insight
Investors should review the full 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' once available to understand the company's current financial health before making any investment decisions.
Key Numbers
- 001-31923 — Commission File Number (identifies UTI's registration with the SEC)
- 86-0226984 — IRS Employer Identification No. (unique tax identification for UTI)
- February 7, 2024 — Date of Report (the earliest event reported in the filing)
- $0.0001 — par value per share (the nominal value of UTI's Common Stock)
Key Players & Entities
- UNIVERSAL TECHNICAL INSTITUTE, INC. (company) — the registrant filing the 8-K
- New York Stock Exchange (company) — where UTI's Common Stock is registered
- Delaware (company) — state of incorporation for UTI
- UTI (company) — trading symbol for Universal Technical Institute, Inc.
Forward-Looking Statements
- UTI's stock price will react to the detailed financial results once they are fully disclosed. (UTI) — medium confidence, target: 2024-02-08
- Analysts will update their ratings based on the 'Results of Operations and Financial Condition' provided. (UTI) — medium confidence, target: 2024-02-14
FAQ
What is the primary purpose of this 8-K filing by Universal Technical Institute, Inc.?
The primary purpose of this 8-K filing by Universal Technical Institute, Inc. is to report on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as of February 7, 2024.
What is the trading symbol and the exchange where Universal Technical Institute, Inc.'s common stock is registered?
Universal Technical Institute, Inc.'s common stock has the trading symbol 'UTI' and is registered on the New York Stock Exchange.
What is the state of incorporation for Universal Technical Institute, Inc.?
Universal Technical Institute, Inc. is incorporated in Delaware.
What is the business address and phone number of Universal Technical Institute, Inc. as listed in the filing?
The business address is 4225 E. Windrose Drive, Suite 200, Phoenix, AZ 85032, and the phone number is (623) 445-9500.
Does Universal Technical Institute, Inc. indicate if it is an emerging growth company in this filing?
No, Universal Technical Institute, Inc. indicates with an unchecked box that it is not an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Filing Stats: 509 words · 2 min read · ~2 pages · Grade level 10.7 · Accepted 2024-02-07 16:06:52
Key Financial Figures
- $0.0001 — ange on which registered Common Stock, $0.0001 par value per share UTI New York Stock
Filing Documents
- uti-20240207.htm (8-K) — 29KB
- exhibit991-q12024earningsp.htm (EX-99.1) — 350KB
- 0001261654-24-000009.txt ( ) — 534KB
- uti-20240207.xsd (EX-101.SCH) — 2KB
- uti-20240207_lab.xml (EX-101.LAB) — 24KB
- uti-20240207_pre.xml (EX-101.PRE) — 13KB
- uti-20240207_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On February 7, 2024, Universal Technical Institute, Inc. (the "Company") issued a press release reporting first quarter results for fiscal 2024. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated into this Item 2.02 by reference. The information in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release of Universal Technical Institute, Inc., dated February 7, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. UNIVERSAL TECHNICAL INSTITUTE, INC. February 7, 2024 By: /s/ Troy R. Anderson Name: Troy R. Anderson Title: Executive Vice President and Chief Financial Officer