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Universal Technical Institute, Inc.

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Universal Technical reported narrower-than-expected loss in fourth-quarter fiscal 2016. The company is undertaking several initiatives to drive its top line, including the launch of new programs, campuses and improved marketing campaigns. The Financial Improvement Plan is expected to lend the company the financial stability it needs. However, the company has been reporting losses since the third quarter of 2015. Also, the company underperformed the Zacks categorized School industry, year to date.  The company has been reporting weak top line and enrollment levels for the past few quarters.

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