- Envela Corp ELA reported a third-quarter FY21 sales decline of 2.8% year-on-year, to $37.7 million, beating the analyst consensus of $37.66 million.
- Revenue improved 12% on a quarter-over-quarter basis.
- The company’s DGSE’s revenue declined 9.3% Y/Y and constituted 68% of total revenue, ECHG subsidiary rose 14% and comprised 32% of total revenue.
- The gross profit rose 12.5% Y/Y to $8.1 million.
- EPS of $0.12 beat the analyst consensus of $0.08.
- Price Action: ELA shares closed lower by 1.6% at $4.25 on Wednesday.
ELAEnvela Corp
$5.46-%
Edge Rankings
Momentum82.56
Growth37.86
Quality58.65
Value68.68
Price Trend
Short
Medium
Long
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted In:
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
