Press Releases
We are constantly working towards making the world a better place through recommerce. That’s why we’re excited to share what’s happening at Envela through our press releases.
Envela Reports First Quarter 2024 Financial Results
DALLAS, TX / May 8, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for its first quarter ended March 31, 2024. The Company reported quarterly revenue of $39.9 million and quarterly earnings per diluted share of $0.07.Management Commentary"I am immensely proud of our teams throughout the Company for their resourcefulness, passion, and steadfast dedication to our customers. Despite...
CExchange to offer Envela Subsidiary Opportunity to Significantly Diversify Customer Base and Offerings
DALLAS, TX / February 28, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced today that it is excited about its subsidiary's investment into the future development of CExchange. As consumers are becoming more aware of how used devices...
Envela Subsidiary Announces Loan and Warrant/Option Deal to Acquire CExchange
DALLAS, TX / February 21, 2020 / ECHG, LLC, a subsidiary of Envela Corporation (NYSE American: ELA) ("Envela" or the "Company") announced today that it has entered into an agreement to lend $1.5MM to CExchange, LLC, and warrant and call-option agreements to acquire...
Envela Announces New DGSE Retail Store in Expansion Effort
DALLAS, TX / February 18, 2020 / DGSE, LLC ("DGSE"), a subsidiary of Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced today that it has signed an agreement for the purchase of a retail building for its next Dallas Gold & Silver...
Navellier picks Envela as 1 of 7 ‘A’-Rated Stocks Under $5 to Buy Now
DALLAS, TX / February 11, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced today that Louis Navellier, editor of Growth Investor, named Envela as one of 7 ‘A'-Rated Stocks Under $5 to Buy Now. About Louis Navellier Mr....
Argus Equity Report Values Envela at $4 Per Share
DALLAS, TX / January 15, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced today that Argus Research Co., a leading independent equity research firm since 1934, kicked off its Equity Report coverage of Envela on January 10, 2020, with...
TheStreet Quant Ratings Calls Envela a “BUY”
DALLAS, TX / January 14, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced that TheStreet Quant Ratings, a division of TheStreet, Inc., recently upgraded its rating of Envela stock from "Hold" to "BUY". In its January 12, 2020 report,...
Envela Corporation Announces Launch Date Of New Investor-Relations Website
DALLAS, TX / December 24, 2019 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced today that it is launching a new, comprehensive website intended to enhance investors' interactive experience in several ways. The new site, Envela.com, is...
Envela Subsidiary Teams with Norm Hitzges to Support Austin Street Center
DALLAS, TX / December 23, 2019 / DGSE, LLC, a subsidiary of Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced today that it will once again participate in presenting Norm Hitzges' annual Normathon on December 26th. Now in its 19th year,...
Envela Corporation Presenting at Sidoti & Company Investor Conference (Spring 2020)
DALLAS, TX, Dec. 20, 2019 -- Envela Corporation (NYSE American: ELA) ("Envela" or the "Company") announced today that it will be presenting at the Sidoti & Company Spring 2020 Investor Conference on March 26th at the Marriott Marquis in Times Square, NY. The...