___________________________________________________________________________________________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to ______ Commission File Number 1-31923 UNIVERSAL ...

After two acquisitions last year, (primarily NexTier in a 55% PTEN/45% NexTier combination, as well as technology company Ulterra), oilfield services company Patterson-UTI (NASDAQ: PTEN ) bit the valuation bullet in 3Q24: it took write-downs of nearly $1 billion, reducing its accountingLaura Starks is the founder and CEO of Starks Energy Economics, LLC (since 2007). She has a degree in chemical engineering and an MBA with a concentration in finance which she has used for many years to invest personally and ...

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Universal Technical Institute, Inc. (UTI) has been making strides in the market. After trading around $25 per share for the past four sessions, shares of the leading provider of workforce solutions in transportation, skilled trades and healthcare education programs reached a new 52-week high of $26.43 on Wednesday. However, the stock received a slight pullback, closing at $26.04, reflecting a modest 0.4% gain from the previous day’s close of $25.95.This milestone comes amid stellar fourth-quarter fiscal 202 ...

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Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends through sound fundamentals and positive earnings estimates to enhance the likelihood of successful short-term investments [1][2]. Group 1: Stock Performance - Universal Technical Institute (UTI) has shown a solid price increase of 36.2% over the past 12 weeks, indicating strong investor interest [4]. - UTI's stock has increased by 43.9% over the last four weeks, suggesting that the upward trend is still intact [5]. - UTI is currently trading at 94.1% of its 52-week high-low range, indicating a potential breakout [6]. Group 2: Fundamental Strength - UTI holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like UTI that are on an uptrend supported by strong fundamentals [3]. - The article suggests that there are several other stocks passing through the "Recent Price Strength" screen that may also be worth considering for investment [8].

Financial Data and Key Metrics Changes - Revenue for fiscal year 2024 grew approximately 21% year-over-year to $733 million [9] - Net income increased to $42 million with diluted earnings per share of $0.75 [9] - Adjusted EBITDA improved 60% to $103 million [9] - Total new student starts increased year-over-year by roughly 19% [10] Business Line Data and Key Metrics Changes - Concorde division saw a revenue increase of 38.3% year-over-year, contributing $246.3 million [42] - UTI division generated a revenue increase of 13.3% year-over-year, contributing $486.4 million [42] - Average full-time active students increased by 10% year-over-year across both divisions [38] Market Data and Key Metrics Changes - The demand for skilled trades and healthcare education is increasing, with a notable shift towards skilled collar jobs over traditional college paths [14][15] - The company is experiencing a favorable environment for skilled trades education, as evidenced by rising enrollments and positive media coverage [15][16] Company Strategy and Development Direction - The company is entering Phase Two of its North Star strategy, focusing on launching a minimum of six new programs each year and opening at least two new campuses annually starting in fiscal 2026 [32][33] - The company plans to expand its reach into new geographies and broaden its program offerings to meet growing student demands [58][59] - Strategic acquisitions are being evaluated to enhance the company's presence in healthcare [61] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the favorable macro environment for skilled trades education, noting improved enrollment trends compared to previous years [69] - The company anticipates continued growth in revenue and adjusted EBITDA for fiscal 2025, with guidance of $800 million to $815 million in revenue [31][48] - Management highlighted the importance of maintaining strong student outcomes and operational efficiencies to navigate potential regulatory changes [76] Other Important Information - Total available liquidity at the end of the quarter was $230.9 million, including $69 million of remaining capacity on the revolving credit facility [44] - The company paid down an additional $11 million on its revolver in Q4, ending the year with positive net working capital of $17 million [44] Q&A Session Summary Question: Can you correlate the macro tailwinds from fall 2024 to previous years? - Management noted that enrollments were down in fall 2022 due to inflation concerns, but recovery began in 2023, leading to improved enrollments in 2024 [69] Question: What is driving the upside guidance for 2025? - The guidance increase is attributed to both stronger than expected Concorde performance and the addition of new programs [75] Question: How do you expect the political landscape to impact UTI? - Management emphasized focusing on operational outcomes rather than political changes, noting potential benefits from a more favorable regulatory environment [76] Question: Any changes expected in SG&A expenses due to the political shift? - Management does not anticipate significant changes in SG&A expenses, as lobbying efforts may shift focus from federal to state levels [81] Question: What are the plans for new program launches and campus openings? - The company plans to launch three new campuses in 2026 and continue expanding program offerings [83] Question: How will marketing and admissions costs evolve? - Management expects to achieve efficiencies in marketing and admissions spend as the company grows and adds more programs [98]

Universal Technical Institute (UTI) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.33%. A quarter ago, it was expected that this school for auto, motorcycle and marine technicians would post earnings of $0.07 per share when it actually produced earnings of $0.09, delivering a surp ...

Exhibit 99.1 Universal Technical Institute Reports Fiscal Year 2024 Fourth Quarter and Year-End Results PHOENIX, ARIZ. - November 20, 2024 - Universal Technical Institute, Inc. (NYSE: UTI), a leading workforce solutions provider of transportation, skilled trades and healthcare education programs, reported financial results for the fiscal 2024 fourth quarter and the full year ended September 30, 2024. Universal Technical Institute, Inc. operates in two reportable segments, Universal Technical Institute (UTI) ...

CANTON, Mich., Nov. 12, 2024 /PRNewswire/ -- UTI-Canton (formerly MIAT-Canton) today announced it has received the silver-level award from the Michigan Veterans Affairs Agency, designating the campus as a veteran-friendly institution. UTI is Universal Technical Institute, Inc.'s transportation, skilled trades, and energy education division.The Michigan Veteran-Friendly Schools Program recognizes academic institutions committed to supporting the needs of veterans and military-connected students. UTI-Canton p ...