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...
Envela to Present at the 10th Annual Gateway Conference on September 9, 2021
DALLAS, TX / September 2, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), has been invited to present at the 10th Annual Gateway Conference, which is being held virtually on September 8-9, 2021. Envela's management is scheduled to present on...
Envela Subsidiary to Acquire Avail Recovery Solutions
DALLAS, TX / August 17, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced today that its wholly owned subsidiary ECHG, LLC has entered into a definitive agreement to acquire Avail Recovery Solutions, LLC in an all-cash transaction....
Envela Reports Second Quarter 2021 Financial Results
Quarterly Net Income Up 280% Year-over-Year to $2.2 Million DALLAS, TX / August 4, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for its second quarter ended June 30, 2021. Management Commentary "We...
Envela Announces Timing of Its Second Quarter Earnings Results
DALLAS, TX / July 31, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced that it plans to report its financial results for the second quarter after the market close on Wednesday, August 4, 2021. About Envela Envela and its...
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,...