Core Viewpoint - Patterson-UTI Energy, Inc. reported its financial results for the quarter ending December 31, 2025, indicating significant developments in its operational performance and financial metrics [1]. Financial Performance - The company disclosed its earnings for the fourth quarter of 2025, highlighting key financial metrics that reflect its operational efficiency and market positioning [1]. - Specific figures regarding revenue, net income, and other financial indicators were provided, showcasing the company's performance relative to previous quarters [1]. Operational Highlights - The report included insights into the company's operational activities, including drilling and completion services, which are critical to its business model [1]. - The company emphasized its strategic initiatives aimed at enhancing operational capabilities and market share within the energy sector [1].

This presentation contains forward-looking statements within the meaning of the safe harbor from civil liability provided for such statements by the Private Securities Litigation Reform Act of 1995 (set forth in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). Forward-looking statements may contain words such as "goal," "target," "future," "estimate,""expect," "anticipate," "intend," "plan," "believe," "seek," "project," "may," "shou ...

Financial Performance - Revenue for Q1 FY2026 was $220.8 million, an increase of 9.6% compared to $201.4 million in Q1 FY2025[4] - Net income decreased to $12.8 million, down $9.3 million from $22.2 million in the prior year, primarily due to strategic growth expenses[5] - Adjusted EBITDA was $27.1 million, a decrease of 23.5% from $35.5 million in the same period last year, impacted by $7.6 million in strategic growth investments[5] - Revenues for the three months ended December 31, 2025, increased to $220,844 thousand from $201,429 thousand, representing a growth of 9.5% year-over-year[22] - Net income decreased to $12,827 thousand, down from $22,153 thousand, reflecting a decline of 42.2% compared to the same period last year[22] - Adjusted EBITDA for the three months ended December 31, 2025, was $27,148,000, compared to $35,505,000 for the same period in 2024, reflecting a decline of 23.5%[32] - Free cash flow for the three months ended December 31, 2025, was $(19,158,000), a significant decrease from $19,617,000 in the same period of 2024[33] - The company reported a net cash provided by operating activities of $3,084,000 for the three months ended December 31, 2025, down from $22,962,000 in 2024[33] Student Enrollment and Growth - Average full-time active students increased by 7.2% to 26,858, with total new student starts rising by 2.6% to 5,449[4] - Total new student starts for the quarter were 5,449, a year-over-year increase of 2.6%, with UTI showing a growth of 5.1%[28] - Average full-time active students rose to 26,858, marking a year-over-year growth of 7.2%[28] Operating Expenses - Operating expenses rose by 17.9% to $205.2 million, driven by growth in student numbers and strategic growth expenses[5] - Total operating expenses increased to $205,157 thousand from $173,951 thousand, a rise of 17.9% year-over-year[22] - Compensation and benefits expenses increased to $108,446,000 in Q4 2025, up from $94,767,000 in Q4 2024, marking a rise of 14.4%[31] - Advertising expenses rose to $25,206,000 in Q4 2025, compared to $21,228,000 in Q4 2024, an increase of 18.8%[31] - Depreciation and amortization expenses for the consolidated entity were $8,905,000 in Q4 2025, compared to $7,999,000 in Q4 2024, reflecting an increase of 11.3%[31] - Corporate support expenses were reported as $(26,757,000) in Q4 2025, indicating a significant increase in corporate costs compared to $(19,817,000) in Q4 2024[31] Financial Position - Total available liquidity as of December 31, 2025, was $233.2 million, including $93.6 million in cash and cash equivalents[8] - Total debt at the end of Q1 FY2026 was $101.4 million, with $35.0 million drawn on the revolving credit facility[8] - Total assets as of December 31, 2025, were $833,961 thousand, compared to $826,139 thousand as of September 30, 2025[25] Strategic Initiatives - The company plans to open four new campus locations, pending regulatory approvals[4] - The company is focused on addressing the skilled labor gap through partnerships and innovative pathways, enhancing its position as a workforce solutions provider[3] - The company centralized operations in accounting, finance, IT, HR, and real estate to enhance efficiency and support growth initiatives[29] Shareholder Information - The weighted average number of shares outstanding increased to 55,744 thousand from 55,406 thousand[22] - The company reported a provision for credit losses of $7,785 thousand, significantly higher than $2,101 thousand in the prior year[27] - The company incurred integration-related costs of $51,000 for completed acquisitions in Q4 2025, compared to $700,000 in 2024[32]

Core Insights - Universal Technical Institute, Inc. reported strong financial performance for Q1 fiscal 2026, with revenue growth and strategic investments supporting future growth targets [1][3][5] Financial Highlights - Revenue reached $220.8 million, a 9.6% increase from $201.4 million in the same period last year [5][6] - Net income was $12.8 million, down from $22.2 million, primarily due to strategic growth expenses [5][6] - Adjusted EBITDA decreased by 23.5% to $27.1 million, attributed to $7.6 million in strategic growth investments [5][6] - Average full-time active students increased by 7.2% to 26,858, with new student starts rising by 2.6% to 5,449 [5][6] Operational Highlights - The company is executing its North Star strategy effectively, with strong performance in key campuses such as Austin, Miramar, Fort Myers, San Antonio, and Atlanta [3][4] - Four new campus locations have been announced, with openings contingent on regulatory approvals [5][6] Strategic Initiatives - The company is enhancing partnerships with policymakers and employers, exemplified by the Heartland Dental co-branded campus, to address the skilled labor gap [4][3] - Fiscal 2026 guidance remains optimistic, with expected revenue between $905 million and $915 million and adjusted EBITDA of approximately $156 million [8] Balance Sheet and Liquidity - As of December 31, 2025, total available liquidity was $233.2 million, including $93.6 million in cash and cash equivalents [9] - Total debt stood at $101.4 million, with $22.2 million in cash capital expenditures primarily for campus and program expansions [9]

Core Insights - Universal Technical Institute (UTI) is expanding its operations by opening new campuses in Atlanta and San Antonio, scheduled for Summer 2026 and Spring 2026 respectively, pending regulatory approvals [1][2][3] Group 1: Campus Details - UTI-Atlanta will be the first campus in Georgia, featuring a 117,000 square foot facility that will offer training programs in automotive, diesel, aviation, electrical, robotics and automation, HVACR, and welding [2] - UTI-San Antonio will focus exclusively on skilled trades programs, with a 51,000 square foot facility offering training in aviation, welding, HVACR, and electrical training suites [3] Group 2: Accreditation and Enrollment - Both campuses have applied for accreditation from the Accrediting Commission of Career Schools and Colleges (ACCSC), which is recognized by the U.S. Department of Education [4] - Prospective students can begin the enrollment process through the UTI website [4] Group 3: Company Overview - Universal Technical Institute, founded in 1965, is a leading provider of workforce solutions, operating 17 campuses in 10 states under its UTI division, and 18 campuses in eight states under Concorde Career Colleges [5]

Core Viewpoint - Investors in the Schools sector should consider New Oriental Education (EDU) and Universal Technical Institute (UTI), with EDU currently presenting a better value opportunity [1] Group 1: Zacks Rank and Earnings Outlook - New Oriental Education has a Zacks Rank of 1 (Strong Buy), indicating a positive earnings outlook, while Universal Technical Institute has a Zacks Rank of 5 (Strong Sell) [3] - The Zacks Rank system favors stocks with positive revisions to earnings estimates, suggesting that EDU has an improving earnings outlook [3] Group 2: Valuation Metrics - EDU has a forward P/E ratio of 16.61, significantly lower than UTI's forward P/E of 37.77, indicating that EDU may be undervalued [5] - EDU's PEG ratio is 0.89, while UTI's PEG ratio is 2.52, further suggesting that EDU is a more attractive investment based on expected earnings growth [5] - EDU's P/B ratio is 2.33 compared to UTI's P/B of 4.81, reinforcing the notion that EDU is the superior value option [6] Group 3: Value Grades - EDU has a Value grade of A, while UTI has a Value grade of D, highlighting the significant difference in their valuation metrics and earnings outlook [6]

Core Insights - Concorde Career Colleges is hosting no-cost "Making Smiles" events across seven campuses to promote preventive oral care for children aged 4 to 17 during National Children's Dental Health Month [1][3] Group 1: Event Details - The events will provide preventive dental services such as X-rays, dental cleanings, fluoride applications, and dental kits at no cost [3][4] - Care will be administered by Concorde dental hygiene students under the supervision of licensed dental professionals [4] - Advance registration is required for the events, with a limited number of same-day appointments available [4] Group 2: Community Impact - Approximately 34 million school hours are lost annually due to emergency dental care, highlighting the importance of preventive measures [2] - The American Academy of Pediatric Dentistry emphasizes that tooth decay, the most common chronic childhood disease, is largely preventable through good oral hygiene practices [2] - Concorde's commitment extends beyond February, as it operates Dental Hygiene Clinics at 15 campuses, providing low-cost preventive care to the community year-round [6] Group 3: Organizational Background - Concorde Career Colleges is part of Universal Technical Institute, Inc. and operates 18 campuses across eight states, focusing on preparing healthcare professionals in various fields [7] - The organization aims to bridge gaps in access to oral care and support communities while providing students with hands-on patient care experience [3][6]

Concorde-Phoenix to offer healthcare programs, including nursing, dental assistant/dental hygiene, medical and physical therapy assistant and allied health.PHOENIX, Jan. 27, 2026 /PRNewswire/ -- Universal Technical Institute, Inc., a national leader in workforce training programs, continues to advance its successful North Star strategy to address America's skilled labor shortage. Today, the company announced Phoenix as the site of a new facility for its healthcare division, Concorde Career Colleges. Cont ...

Core Viewpoint - Investors in the Schools sector should consider American Public Education (APEI) and Universal Technical Institute (UTI) for potential undervalued stock opportunities [1] Group 1: Company Rankings and Performance - APEI has a Zacks Rank of 1 (Strong Buy), indicating a positive earnings estimate revision trend, while UTI has a Zacks Rank of 5 (Strong Sell) [3] - APEI's improving analyst outlook makes it a more favorable option for investors compared to UTI [3] Group 2: Valuation Metrics - APEI has a forward P/E ratio of 18.17, significantly lower than UTI's forward P/E of 34.82 [5] - APEI's PEG ratio is 1.21, while UTI's PEG ratio is 2.32, suggesting APEI is more reasonably valued in relation to its expected earnings growth [5] - APEI's P/B ratio is 2.62 compared to UTI's P/B of 4.61, further indicating APEI's relative undervaluation [6] - APEI's Value grade is B, while UTI's Value grade is D, reinforcing APEI's position as the better investment choice [6]

Core Insights - Patterson-UTI Energy, Inc. has secured a multi-year agreement to lease two APEX 1500 drilling rigs to DLS Archer Ltd. S.A, enhancing its international presence in the oil and gas sector [1][12][14] - The APEX 1500 rigs will support Archer's operations in the Vaca Muerta formation, a significant unconventional oil and gas reserve in Argentina [1][3][6] Expansion of International Footprint - The APEX 1500 rigs are part of Patterson-UTI's high-spec rig fleet in the U.S., designed for high-performance unconventional drilling projects [2][10] - The rigs will be mobilized to Argentina to assist Archer's contract with YPF S.A., the largest oil and gas company in Argentina [2][6] Vaca Muerta Formation - The Vaca Muerta formation is recognized for its vast reserves, attracting major oil and gas operators [3][7] - Patterson-UTI's provision of APEX 1500 rigs demonstrates its commitment to meeting the demand for advanced drilling solutions in Argentina's energy sector [3][5] Rig Mobilization and Operations Timeline - The APEX 1500 rigs are expected to begin operations by mid-2026, with Archer responsible for all costs related to rig preparation and mobilization [4][9] Strengthening Partnerships - The collaboration between Patterson-UTI and Archer aims to maximize operational efficiency and productivity in drilling operations [6][14] - The rigs will be part of Archer's broader seven-rig contract with YPF, marking a significant milestone for both companies [6][12] Technological Advancements - The APEX 1500 rigs are engineered for demanding drilling environments, featuring advanced automation systems that enhance safety and operational efficiency [10][11] - These technological advancements provide a competitive edge in drilling efficiency and cost management [11][15] Strategic Focus on International Growth - The agreement with Archer represents a strategic expansion of Patterson-UTI's international operations, prioritizing markets like Argentina [12][13] - This move aligns with Patterson-UTI's strategy to diversify revenue streams and enhance its global reach [13][15]