Envela Reports Third Quarter 2024 Financial Results [Yahoo! Finance]
Envela Corporation (ELA)
Company Research
Source: Yahoo! Finance
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 of our exceptional people, who remain focused on building a solid foundation for outstanding growth," said John Loftus, Envela's CEO. "Our teams work hard to deliver extraordinary value to our clients; they are the backbone of our company as we continue to execute and grow our future." "We achieved another quarter of positive growth and delivered a strong performance across our key metrics, with notable results in both top and bottom line in Q3. Compared to the prior-year quarter, gross margin and operating income increased by 17.8% and 3.6%, respectively," said John DeLuca, Envela's CFO. "Envela continues to operate with financial discipline while investing for the
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News
- Envela (ELA) Is a Great Choice for 'Trend' Investors, Here's Why [Yahoo! Finance]Yahoo! Finance
- Envela to Announce Third Quarter 2024 Financial Results on November 5Accesswire
- Four Nines Announces Grand Openings in San AntonioAccesswire
- Here's Why Momentum in Envela (ELA) Should Keep going [Yahoo! Finance]Yahoo! Finance
- Here's What Could Help Envela (ELA) Maintain Its Recent Price Strength [Yahoo! Finance]Yahoo! Finance
ELA
Earnings
- 8/7/24 - Beat
ELA
Sec Filings
- 11/5/24 - Form 10-Q
- ELA's page on the SEC website