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 Second Quarter 2024 Financial Results
DALLAS, TX / August 7, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for its second quarter ended June 30, 2024. The Company reported quarterly revenue of $45.3 million and quarterly earnings per diluted share of $0.06.Management Commentary"We are thrilled to share that our Commercial Division achieved a new revenue record for the June quarter, totaling $13.3 million, which is up...
Envela Expands Electronics-Trade-In Capabilities with Acquisition
DALLAS, TX / June 10, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced today that its subsidiary CEX Holdings, LLC ("CEX") has purchased the assets of CExchange LLC, a leader in electronics-trade-in services for retailers. Envela...
Envela Continues DGSE Retail Expansion with Frisco Location
DGSE to purchase location for its second Dallas/Fort Worth flagship store DALLAS, TX / May 11, 2021 / DGSE, LLC ("DGSE"), a subsidiary of Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), has entered into an agreement to purchase a retail building in...
Envela Reports First Quarter 2021 Financial Results
Quarterly Net Income Up 71% Year-over-Year to $2.0 Million DALLAS, TX / May 5, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for its first quarter ended March 31, 2021. Management Commentary "Envela...
Envela Announces Timing of Its First Quarter Earnings Results
DALLAS, TX / April 28, 2021 / Envela Corporation (AMEX:ELA) ("Envela" or the "Company"), announced that it plans to report its financial results for the first quarter after the market close on Wednesday, May 5, 2021. About Envela Envela and its subsidiaries engage in...
Envela Partners with Gateway to Lead Expanded Investor Relations Program
DALLAS, TX / April 20, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") has appointed Gateway Group, a leading strategic financial communications and capital markets advisory firm, to manage its expanded investor relations program initiatives,...
Echo Environmental Receives 2021 Verizon Supplier Sustainability Award
CARROLLTON, TX / April 15, 2021 / Echo Environmental, a subsidiary of Envela Corporation (NYSE American:ELA) ("Echo" or the "Company"), today reported that it has been selected to receive Verizon's 2021 Supplier Sustainability Award. Awarded by James J. Gowen,...
Envela Reports Fourth Quarter and Fiscal Year 2020 Financial Results
2020 Revenue Up 39% to Record $113.9M, Drives Net Income Over $6.4M DALLAS, TX / March 23, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for the fourth quarter and full year ended December 31, 2020, which...
Envela to Announce Fourth Quarter and Fiscal Year 2020 Financial Results on Tuesday, March 23, 2021
DALLAS, TX / March 8, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced that it plans to report its financial results for the fourth quarter and fiscal year 2020 before the market opens on Tuesday, March 23, 2021. About Envela Envela...
Argus Equity Report Raises Envela Valuation to $8 Per Share
DALLAS, TX / December 11, 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 Subsidiary DGSE Opens New Grapevine Retail Store
DALLAS, TX / November 30, 2020 / DGSE, LLC ("DGSE"), a subsidiary of Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced that it opened its Dallas Gold & Silver Exchange retail building in Grapevine, Texas. "Upgrading and moving our...