Envela Reports Fourth Quarter and Fiscal Year 2023 Results [Yahoo! Finance]
Envela Corporation (ELA)
Company Research
Source: Yahoo! Finance
The Company reported annual revenue of $171.7 million and annual earnings per diluted share of $0.27. For the quarter ended December 31, 2023, the Company reported revenue of $36.7 million and quarterly earnings per diluted share of $0.05. Management Commentary Consumer Division "Despite a significant decline in global bullion demand in the latter half of 2023, our performance was exceptional, highlighting Envela's capability to adjust swiftly to a changing market landscape. The Company's results demonstrate the strength of our business model and the adaptability of our operating entities in managing a fluctuating market, enabling us to remain profitable in slower market conditions," said John Loftus, Envela's CEO. "In 2023, we made considerable progress strengthening Envela's position as a leading provider of re-commerce solutions to both businesses and consumers. During the year, we further invested in our business in anticipation of our 2024 store expansion. As a result, op
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ELA
News
- Envela to Announce First Quarter 2024 Financial Results on Wednesday, May 8, 2024Accesswire
- Following a Planned Succession Process, Envela Appoints John DeLuca as Chief Financial Officer [Yahoo! Finance]Yahoo! Finance
- Following a Planned Succession Process, Envela Appoints John DeLuca as Chief Financial OfficerAccesswire
- Envela Reports Fourth Quarter and Fiscal Year 2023 Results Accesswire
- Envela to Announce Fourth Quarter and Fiscal Year 2023 Financial Results on Wednesday, March 20, 2024Accesswire
ELA
Earnings
- 3/20/24 - Miss
ELA
Sec Filings
- 4/30/24 - Form DEF
- 4/3/24 - Form 8-K
- 3/27/24 - Form 3
- ELA's page on the SEC website