Loss of $1.7M. Total starts down (from 1800 to 1400). Total enrollment down (from 12,300 to 10,800). "UTI now expects new student starts to be down in the high-single digits." Tuition increases expected to make up for declining enrollment. "Financial Improvement Plan implemented in September 2016 to deliver greater than $30 million in annualized cost savings in fiscal 2017."
https://www.sec.gov/Archives/edgar/data/1261654/000126165417000007/q12017pressrelease.htm