Home News Universal Technical Institute Provides Business and COVID-19 Update – AJNews

Universal Technical Institute Provides Business and COVID-19 Update – AJNews

50
0

In light of the evolving COVID-19 pandemic, Universal Technical Institute (NYSE: UTI), the leading provider of transportation technician training, is providing a business update and is announcing the withdrawal of its fiscal year 2020 financial guidance that was last updated on February 6, 2020. The company is also announcing it will report fiscal 2020 second quarter results on May 7, 2020.

“As our nation navigates the COVID-19 outbreak, UTI remains focused on safely delivering quality education and keeping students on the path to their future careers,” said Jerome A. Grant, Chief Executive Officer. “We are pleased to report that we successfully transitioned our entire classroom curriculum to an online learning environment. Our graduates remain in high demand, and the transition to online learning allows us to continue to train students for jobs and fulfilling careers in transportation and other industries deemed essential by the Department of Homeland Security and Governors across the nation. We are grateful for the stimulus funds allocated by the U.S. Department of Education through the CARES Act to support our students as they confront the significant challenges associated with COVID-19 and continue their UTI technical education.

View Original Source

tags:

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *