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 Third Quarter 2024 Financial Results

IRVING, TX / November 5, 2024 / Envela Corporation today reported financial results for its third quarter ended September 30, 2024. The Company reported quarterly revenue of $46.9 million and quarterly earnings per diluted share of $0.06.Management Commentary"Today, we are excited to announce a new third-quarter revenue record of $46.9 million, reflecting a 27.2 percent increase compared to last year. This achievement highlights the dedication...

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Envela to Participate in the B. Riley Securities Consumer Conference

NEW YORK, NY / September 8, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today announced the Company will be participating in the B. Riley Securities Consumer Conference being held at the Sofitel Hotel in New York, New York on Thursday,...

Update: Envela Common Stock Repurchases

IRVING, TX / September 6, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today announced an update on its stock-repurchase program.Through September 5, 2023, the Company has spent more than $1.3M to purchase 224,631 of the 1,000,000 shares...

Envela Reports Second Quarter 2023 Financial Results

DALLAS, TX / August 2, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for its second quarter ended June 30, 2023. The Company posted revenue for the June quarter of $50.3 million, and quarterly earnings per...

Envela Corporation Holds Annual Shareholders Meeting

IRVING, TX / June 23, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today held its annual shareholders meeting. Following are the preliminary results for the two proposals voted upon by shareholders:Envela shareholders elected John Loftus,...

Envela Set to Rejoin Russell 3000® Index

DALLAS, TX / May 22, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), a leading provider of re-commerce services, enabling a better world by extending the useful lives of goods within the circular economy, is set to rejoin the broad-market...

Envela Reports Stellar First Quarter 2023 Financial Results

DALLAS, TX / ACCESSWIRE / May 3, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for its first quarter ended March 31, 2023. The Company posted record revenue for the March quarter of $48.4 million, and...

Envela CEO to Participate in Fireside Chat and Q&A

LAS VEGAS, NV / ACCESSWIRE / April 13, 2023 / Today, Envela Corporation (NYSE American:ELA) - the North American re-commerce leader - announced that its CEO, John Loftus, will participate in a live fireside chat moderated by Ryan Irvine, to discuss the company's...