New student starts in the third quarter increased 38.8% from the prior year quarter, while average active students increased 19.1%.
Revenue of $83.8 million in the third quarter, an increase of 53.8% compared to the prior year quarter.
Net income of $3.0 million compared to a net loss of $13.3 million and adjusted EBITDA* of $7.2 million compared to an adjusted EBITDA loss* of $8.8 million.
Management reaffirms fiscal year 2021 guidance given strong front-end demand and ongoing operating improvements.
https://www.marketwatch.com/press-release/universal-technical-institute-reports-fiscal-year-2021-third-quarter-results-2021-08-02?siteid=nbsh