Shares of Universal Technical Institute (UTI) surged 9.72% in after-hours trading on Wednesday, following the release of its impressive fiscal year 2025 second-quarter results and optimistic full-year guidance. The company, which provides technical education programs, significantly outperformed analyst expectations across key financial metrics.
Universal Technical Institute reported quarterly earnings of $0.21 per share, beating the analyst consensus estimate of $0.12 by an impressive 75%. This represents a 50% increase from the $0.14 per share earned in the same period last year. The company's revenue also exceeded expectations, coming in at $207.447 million, surpassing the analyst estimate of $196.5 million by 5.57%. This marks a substantial 12.65% year-over-year growth from $184.18 million in the previous year's quarter.
Adding to the positive sentiment, Universal Technical Institute provided an upbeat outlook for the fiscal year. The company forecasts full-year revenue between $825-835 million, adjusted EBITDA of $124-128 million, and adjusted free cash flow of $62-68 million. These projections suggest strong financial performance and growth potential, likely contributing to investor enthusiasm and the subsequent stock price surge. The combination of better-than-expected quarterly results and a robust financial outlook appears to have boosted investor confidence in Universal Technical Institute's future prospects.