SCOTTSDALE, Ariz. (AP) _ Universal Technical Institute Inc. (UTI) on Thursday reported a loss of $13.3 million in its fiscal third quarter.
On a per-share basis, the Scottsdale, Arizona-based company said it had a loss of 45 cents.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share.
The school for auto, motorcycle and marine technicians posted revenue of $54.5 million in the period.
Universal Technical shares have climbed slightly more than 7% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $8.28, an increase of 98% in the last 12 months.