Universal Technical reports Q1 EPS 40c vs. 17c last year

Reports Q1 revenue $201.4M, consensus $193.75M. Total new student starts grew 22.3% while average full-time active students grew 11.1% versus the comparable period. “In Q1 2025, we continued to deliver on our growth, diversification, and optimization strategy, leading to outperformance across our key financial and operational metrics,” said Jerome Grant, CEO. “Both divisions experienced strong year-over-year growth, with consolidated revenue increasing 15%, average full-time active students growing 11%, and new student starts growing over 22%, while considerably increasing our bottom line. As a result, I’m proud to report that we are increasing our guidance ranges for FY25. We are fully aligned with our strategic growth objectives and are making steady progress toward achieving them throughout the year. As a reminder, the beginning of this year officially marked the start of our North Star Phase II strategy, building on our proven track record of success and leveraging our strong balance sheet to create value for all stakeholders.”