Universal Technical Institute Inc. (NYSE: UTI) has been working diligently on a financial improvement plan that has garnered $9.2 million in cost savings. But the Scottsdale-based provider of automotive technician training is still losing money, while revenue and enrollment also are down for the first quarter ended Dec. 31. Chairman and CEO Kim McWaters said the company achieved $1.4 million in operating income and is on track to save more than $30 million each year. Plus, she said, UTI's Long…

 

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