PHOENIX (AP) — PHOENIX (AP) — Universal Technical Institute Inc. (UTI) on Wednesday reported fiscal second-quarter net income of $433,000.
On a per-share basis, the Phoenix-based company said it had net income of 1 cent.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.
The school for auto, motorcycle and marine technicians posted revenue of $221.4 million in the period, which met Street forecasts.
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