Jasper Bibb

Mike Grondahl

Alexander Paris

Bruce Goldfarb

Eric Martinuzzi

Raj Sharma

Griffin Boss

Rajiv Sharma

Steven Frankel

- Universal Technical Institute (UTI) provided its fiscal year 2025 guidance, projecting revenue between **$830 million and $835 million**, net income between **$56 million and $60 million**, and adjusted EBITDA between **$124 million and $128 million**.  **[1261654_tx_375189_1]** **[1261654_tx_375189_6]**  New student starts are expected to be close to **30,000**, representing **11% growth**.  **[1261654_tx_375189_6]** 
- The company aims to achieve **$1 billion to $1.2 billion** in revenue and over **$200 million** in adjusted EBITDA by **2029**, driven by expanding its campus footprint to **50-55 campuses** and launching new programs.  **[1261654_tx_375189_1]** **[1261654_tx_375189_2]** **[1261654_tx_375189_5]** 
- UTI's investment strategy, which includes ramping up to four new campuses and nearly 20 programs, is anticipated to cause a moderation in adjusted EBITDA in **2026 and 2027**, with significant growth resuming in **2028 and 2029**.  **[1261654_tx_375189_5]**  A **$55 million CapEx investment** this year, with **50% focused on growth initiatives**, is impacting adjusted free cash flow.  **[1261654_tx_375189_6]** 
- The company operates in high-demand segments such as transportation, skilled trades, and healthcare, addressing a significant labor market deficit that results in **four to five jobs for every UTI graduate**.  **[1261654_tx_375189_1]** **[1261654_tx_375189_2]**  UTI reports strong student outcomes, with over **70% graduating on time** and over **85% securing jobs within the first year**.  **[1261654_tx_375189_1]**

Universal Technical Institute Provides FY2025 Guidance and Outlines 2029 Growth Targets

UNIVERSAL TECHNICAL INSTITUTE (UTI)