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 Added to Membership of US Small-Cap Russell 2000 Index
IRVING, TX / ACCESS Newswire / June 24, 2025 / Envela Corporation was added as a member of the US small-cap Russell 2000® Index, effective after the US market opens on June 30 as part of the 2025 Russell indexes reconstitution. Membership in the Russell 2000® Index, which remains in place for one year, is based on membership in the broad-market Russell 3000® Index. The stock also was automatically added to the appropriate growth...
Third Quarter Outlook: Envela Expects to Shatter Last Year’s Record 3Q Revenues
DALLAS, TX / September 15, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced its outlook for the quarter ending September 30, 2020. Based on quarter-to-date trends for the third quarter of 2020, the Company expects its revenue will...
Argus Equity Report Raises Envela Valuation to $7 Per Share
DALLAS, TX / September 9, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced that Steve Silver, analyst for Argus Research Co., a leading independent equity research firm since 1934, feels Envela remains uniquely positioned for...
Envela Seeks Another Recommerce Acquisition
DALLAS, TX / August 11, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced today that its wholly owned subsidiary DGSE, LLC has begun discussions to acquire the business assets of Bluebonnet Sterling, LLC. No definitive agreement has...
Envela to Announce Second Quarter 2020 Financial Results on Thursday, August 6, 2020
DALLAS, TX / August 3, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced that it plans to report its financial results for the second quarter before the market opens on Thursday, August 6, 2020. About Envela Envela and its...
Recommerce Company to Open Store in Grapevine as Part of Continued Retail Expansion
DALLAS, TX / June 30, 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 Exchange...
Envela Added to Membership of Russell 3000 Index
DALLAS, TX / June 28, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced that it has been added as a member of the broad-market Russell 3000 Index, effective after the US market opens on June 29, as part of the 2020 Russell indexes...
Envela Set to Join Russell 3000 and Russell Microcap Indexes
DALLAS, TX / June 8, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced that it is set to join the broad-market Russell 3000 and the Russell Microcap Indexes at the conclusion of the 2020 Russell indexes' annual reconstitution,...
Argus Equity Report Raises Envela Valuation to $5 Per Share
DALLAS, TX / June 8, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced that Steve Silver, analyst for Argus Research Co., a leading independent equity research firm since 1934, feels valuation of Envela remains compelling even though...
ENVELA Announces Record Quarter: Net Profits More than Triple Over Previous Year
DALLAS, TX / May 12, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today announced its financial results for the quarter ending March 31, 2020, which included $25.8 million in revenue; $1,174,149 in net income; and $.04 earnings per basic...
Envela to Announce First Quarter 2020 Financial Results on Tuesday, May 12, 2020
DALLAS, TX / May 6, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced that it plans to report its financial results for the first quarter before the market opens on Tuesday, May 12, 2020. About Envela Envela and its subsidiaries...