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Earnings Call Summary | Universal Technical Institute(UTI.US) Q2 2024 Earnings Conference

Earnings Call Summary | Universal Technical Institute(UTI.US) Q2 2024 Earnings Conference

财报电话会议摘要 | 环球技术研究所 (UTI.US) 2024 年第二季度财报会议
富途资讯 ·  05/09 21:55  · 电话会议

The following is a summary of the Universal Technical Institute, Inc. (UTI) Q2 2024 Earnings Call Transcript:

以下是环球技术研究所(UTI)2024年第二季度财报电话会议记录摘要:

Financial Performance:

财务业绩:

  • Universal Technical Institute reported Q2 revenue growth of 12.4% to $184.2 million, surpassing expectations.

  • Net income amounted to $7.8 million, and the diluted earnings per share were $0.14.

  • Adjusted EBITDA increased by 17.8% to $22.6 million, in line with company's expectations.

  • The 2024 guidance has been adjusted due to strong performance, and revenue is expected between $720 million and $730 million, with adjusted EBITDA between $102 and $104 million.

  • 环球技术学院报告第二季度收入增长12.4%,达到1.842亿美元,超出预期。

  • 净收益为780万美元,摊薄后的每股收益为0.14美元。

  • 调整后的息税折旧摊销前利润增长了17.8%,至2,260万美元,符合公司的预期。

  • 由于表现强劲,对2024年的预期进行了调整,收入预计在7.2亿美元至7.3亿美元之间,调整后的息税折旧摊销前利润在1.02亿美元至1.04亿美元之间。

Business Progress:

业务进展:

  • Universal Technical Institute reported an 18.5% increase in new student starts, attributed to company's growth, diversification, and optimization strategy.

  • New programs were launched and existing ones expanded which contributed to student growth.

  • The company is innovating to attract more high-quality inquiries and has hired resources to boost corporate partnerships.

  • Though it cannot open a new Concorde campus until late '26 or '27 due to Department of Education restrictions, UTI expands existing ones with student growth.

  • UTI is focusing on enhancing packages for graduates and supplementing the connection between education and employment.

  • Plans to include evening and weekend courses are being explored for greater flexibility and increased course attractiveness.

  • 环球技术学院报告称,新生入学人数增长了18.5%,这要归因于公司的增长、多元化和优化战略。

  • 新课程已启动,现有课程也有所扩大,这促进了学生的成长。

  • 该公司正在进行创新以吸引更多高质量的查询,并已聘用资源来促进企业合作伙伴关系。

  • 尽管由于教育部的限制,UTI要到26年底或27年底才能开放新的协和校区,但随着学生的增长,它会扩大现有校区。

  • UTI专注于改善毕业生的套餐,补充教育与就业之间的联系。

  • 正在探讨包括晚间和周末课程的计划,以提高灵活性和增加课程吸引力。

更多详情: 环球技术研究所 IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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