Thread regarding Universal Technical Institute Inc. layoffs

UTI still losing money, but it could be worse

In terms of finances, UTI is still losing money, but they are close to breaking even--at least on paper.

New enrollment, however, is dramatically down (-17.4% for the quarter, -22% for the last 6 months).

https://www.sec.gov/Archives/edgar/data/1261654/000126165417000028/uti-3311710q.htm

https://finance.yahoo.com/news/universal-technical-apos-uti-q2-133601012.html

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You don't know the half of it

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