Business Context and Reporting Period
Company: Universal Technical Institute, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: June 21, 2010
Event Date: June 21, 2010 (Opening of new facility)
This filing discloses the opening of a new training facility in the Dallas/Fort Worth area under Item 7.01 (Regulation FD Disclosure).
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses on a corporate operational event rather than financial performance data.
Material Changes
- New Campus Opening: The Company opened a new 95,000 square foot facility in Dallas/Fort Worth.
- Capacity: The campus is configured to accommodate approximately 1,000 students.
- Program Focus: Specialization in automotive and diesel technician training.
Guidance, Outlook, and Risks
Management Commentary: The filing references a press release issued on June 23, 2010, announcing the facility opening. No forward-looking financial guidance or specific risk factors were detailed in this specific 8-K text.
Legal Disclaimer: The information in this report, including the press release, is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 and is not incorporated by reference into other filings unless expressly stated.
Investor Verification Checklist
- Verify the operational status and enrollment numbers of the new Dallas/Fort Worth campus.
- Review the full text of the press release (Exhibit 99.1) for additional details on the facility's launch.
- Check subsequent quarterly reports (10-Q) for the financial impact of the new facility on revenue and operating expenses.