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 2025 Financial Results
IRVING, TX / ACCESS Newswire / May 7, 2025 / Envela Corporation today announced its financial results for its first quarter ended March 31, 2025. The Company reported quarterly revenue of $48.3 million and quarterly earnings per diluted share of $0.10.Management Commentary"As we proudly celebrate our 60th year and mark our Diamond Jubilee, we are pleased to share the first-quarter results for fiscal 2025-marking the beginning of what we...
Envela Corporation to Present at the virtual Fall Investor Summit on November 16th-18th
NEW YORK, NY / November 12, 2020 / Envela Corporation (NYSE American:ELA), and its subsidiaries engage in diverse business activities within the recommerce sector including recommercializing luxury hard assets, consumer electronics and IT equipment; and end-of-life...
Envela Crushes Third Quarter – Bests 2019 Combined Annual Profit
DALLAS, TX / November 5, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today announced its financial results for the third quarter of 2020, with record revenue of $38.8 million and record net income of $3.0 million. This quarterly profit...
Envela Subsidiary DGSE Opens New Lewisville Retail Store
DALLAS, TX / November 2, 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 Lewisville, Texas. "Our customers are at the center...
Envela to Announce Third Quarter 2020 Financial Results on Thursday, November 5, 2020
DALLAS, TX / October 28, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced that it plans to report its financial results for the third quarter before the market opens on Thursday, November 5, 2020. About Envela Envela and its...
ENVELA to Present at Zooming with LD
Presentation on October 20th at 11:00 AM ET DALLAS, TX / October 14, 2020 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced today that it will be presenting virtually at the upcoming Zooming with LD event on October 20, 2020, at 11:00 AM...
Envela Inks Deal to Buy HQ Building and Move to Las Colinas
DALLAS, TX / October 5, 2020 / Envela Corporation (NYSE American: ELA) ("Envela" or the "Company") announced today that it has signed an agreement to purchase an office building for its next corporate headquarters, located in the Las Colinas community of Irving,...
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...