Sounds like an inflated share price.
UTI Earnings Call
https://seekingalpha.com/article/4668408-universal-technical-institute-inc-uti-q1-2024-earnings-call-transcript
Texas Lawsuit against Borrower Defense to Repayment
Includes Concorde Career Colleges https://www.career.org/uploads/7/8/1/1/78110552/complaint.pdf
Earnings Call
https://seekingalpha.com/article/4563955-universal-technical-institute-inc-uti-q4-2022-earnings-call-transcript
UTI acquires Concorde Career Colleges
https://www.marketwatch.com/press-release/universal-technical-institute-inc-to-acquire-concorde-career-colleges-inc-a-leading-provider-of-healthcare-education-programs-2022-05-03
Meeting Tomorrow 11/5/21
The meeting time has changed to 11:00AM. You know the place. Spread the word. Do not meet up at the campus.
Sacrificing Education for Profit
UTI is on the government crack down/shutdown list. They are going to close down this diploma mill. I guess moving student education to you tube wasn’t the best idea after all. Especially for a trade school. You should of listened to your... — read more
Quarterly Numbers
New student starts in the third quarter increased 38.8% from the prior year quarter, while average active students increased 19.1%. Revenue of $83.8 million in the third quarter, an increase of 53.8% compared to the prior year quarter. Net income... — read more
Did UTI do better this quarter?
Another loss like the last one? https://www.sec.gov/ix?doc=/Archives/edgar/data/1261654/000126165421000052/uti-20210331.htm#i6dd068d94129455796363f06a37773c6_19
Universal Technical Institute to buy MIAT College of Technology
"MIAT serves ~1,200 students through its campuses in Canton, MI, and Houston, TX." https://seekingalpha.com/news/3677564-universal-technical-institute-to-buy-miat-college-of-technology
Anyone watch the townhall?
I don’t know ... we’ve been through so many bad years. For the first time in a long time, things feel like we are moving in the right direction. Anyone else feel that way? Other thoughts?
Student X
How does this make you feel? http://collegemeltdown.blogspot.com/2020/11/a-letter-to-us-department-of-education.html
UTI shares downgraded
Looks like more cost cutting is in store. https://seekingalpha.com/news/3617406-universal-technical-institute-stumbles-in-trade-argus-downgrades-to-hold
So, how are your campuses doing after COVID?
I see some of the locations have about a 50% return rate. Ours is a ghost town. Seems like management is busy rearranging the chairs on the Titanic. How is your location doing?
UTI uses CARES ACT money for laptops
"The nation's leading provider of transportation technician training, will utilize a portion of its CARES Act Higher Education Emergency Relief Funds (HEERF) to provide approximately 14,000 students with laptops, which will facilitate their... — read more
How exactly does this work (during a 2nd wave of Covid19)?
https://www.marketwatch.com/press-release/universal-technical-institute-reopens-hands-on-labs-at-all-campuses-across-the-country-2020-06-03?tesla=y
mo--ns
Am I the only one who thinks people in corporate don’t have FREAKING clue what they’re doing ? They are only good to tell you what’s changed for the millionth time , but won’t do the leg work with you. They make last minute adjustments for this... — read more
Being part of the solution sure beats being part of the problem
As an outsider looking in with knowledge of staff and company operations, this is an ugly time. On one hand, many of the support staff that have been overwhelmed talking with students and parents during this time trying to keep them up to date as to... — read more
Online Curriculum Last Ditch Effort
There is very little interaction between instructors and students in Google classroom, It wont be long before every student realizes that the online courses which are really hastily made videos are the only way for UTI to keep the money flowing. It's... — read more
Layoffs are here.
Well, it was good while it lasted. UTI has furloughed a ton of people. These jobs will not come back. It was good they kept a bunch around while this whole thing olayed out but the end for them is here. Sorry folks.
Universal Technical Institute Announces Change to its Board of Directors
Out with the old. https://seekingalpha.com/pr/17825191-universal-technical-institute-announces-change-to-board-of-directors
We should all be grateful
"Seems like we should all be grateful we have jobs unlike so many who are losing them during this time. We won’t have a school (jobs!) if we don’t have revenue. Instead of whining, help! It’s for the students, not the VPs. If you hate your job - or... — read more
Organizational Restructure Needed
I herby do not consent to the release of the video I was forced to record for Universal Technical Institute. I was video recorded against my will and do not want UTI to use my subject matter expertise for profit or for any other purpose... — read more
UTI’s VIP’s Recording Subject Matter Expertise
I’m sure all of UTI’s Vice Presidents, Campus Presidents, and Directors are at work filming their subject matter expertise today.
UTI Wikipedia's Page Cleaned Up
Well, well, well. Looks like someone went on the UTI Wikipedia page and deleted the controversial history of UTI. The "Lawsuits, investigations, and sanctions" section was taken out on May 10 2019. I wonder if the person who deleted is a UTI employee... — read more
COVID-19 and UTI's lack of preparedness...
It's interesting how UTI is not taking the recommended steps to have employees work from home or closing any campuses. Does that mean they do not value the health and well being of their staff and/or students?
Investigation
"Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against Universal Technical Institute... — read more
Universal Technical Institute Announces Changes to Senior Leadership Team in Support of Company's Growth Strategy
"Universal Technical Institute, Inc. (UTI), the leading provider of transportation technician training, announced several changes to its senior leadership team to further support the company's transformation and profitable growth, while continuing to... — read more
Happy New Year UTI, here's your review and your whopping .29 cents an hour raise!
Have you heard how well things are going? How all of our hard work paid off? That, together we made a difference! I am so tired of hearing how well we did last year, how valued we are and what a difference we made in 2019! The ship is turning! We're... — read more
Coliseum bailing?
https://seekingalpha.com/pr/17727333-universal-technical-institute-announces-secondary-offering-of-3601-724-shares-of-common-stock
How many more will leave?
Here at NTI by my count, we’ve had 10 instructors voluntarily leave this failing company in the last year. Most of them were here 10 years, some with over 15 years. When will executives get the message that this company is rotten to the core. How is... — read more
Lab Grading Accuracy over Student Safety
This will be where I draw the line in the sand boys. I refuse to jeopardize the safety of my students to make sure every constructive response question is answered with a book answer key because everything in my lab environment can seriously injure... — read more
Kim’s Departure
Is Kim’s resignation a good or bad thing?
Exiting the company
I'm sorry for all those unfortunate people that have been let go. It's going to be okay, I went through UTIs layoff a few years ago and made it just fine. I doubt the people who got let go would post here during their severance payout. When I... — read more
it's begun
hearing a few people let go across the company mostly jobs eliminated and to be picked up by someone else doing double or even triple duty.
Layoffs
Now that we are aware of the changes in the severance packages, are the layoffs Thursday or Friday!?!
Upper management don't learn by their mistakes
It appears to me upper management don't learn by their mistakes. I see they have hired another financial officer. Problem is these people are not productive people. As long as I worked their they have always been top heavy. Instructors are treated... — read more
New CFO
https://seekingalpha.com/pr/17622331-troy-r-anderson-joins-universal-technical-institute-chief-financial-officer
Rif Updates?
so September is slowly creeping up. Any updates on the Rif or anything?