Envela Announces Timing of Its Second Quarter Earnings Results

DALLAS, TX / ACCESSWIRE / July 31, 2021 / Envela Corporation (NYSE American: ELA) (“Envela” or the “Company”) announced that it plans to announce its financial results for the second quarter after the market closes on Wednesday, August 4, 2021.

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About Envela

Envela and its subsidiaries operate a wide range of business activities in the re-commerce sector. This includes the remarketing of luxury goods, consumer electronics and IT equipment; and recycling solutions at the end of life. Envela evaluates its inventory of re-commerce purchases for their potential to be refurbished and resold as a whole or recycled for components or precious metal value. Envela also offers comprehensive recycling solutions for a variety of other companies that want to dispose of their end-of-life products responsibly. Envela operates primarily through two recommerce business segments. Through DGSE, LLC, the company markets luxury goods through the Dallas Gold and Silver Exchange, Charleston Gold & Diamond Exchange, and Bullion Express brands (collectively, “DGSE”). Through ECHG, LLC, the company operates Echo Environmental Holdings, ITAD USA Holdings, and Teladvance (collectively, “ECHG”) which primarily re-market consumer electronics and IT equipment and provide recycling services to various companies in many industries. Envela conducts its recommerce activities at the retail and wholesale levels, through distributors, resellers, specialty stores and online. The company also owns and operates other companies and brands involved in a variety of activities as noted herein. Envela is a Nevada company headquartered in Dallas, Texas.

More information about Envela is available on the investor relations site Envela.com.

Forward-Looking Statements

This press release contains statements that may constitute “forward-looking” statements, including statements about the potential future success of businesses and strategies. These statements are made in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. By their very nature, forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include market conditions and other risks, which are discussed in the company’s periodic reports with the Securities and Exchange Commission. In making these statements, the company assumes no obligation to update these statements for revisions or changes after the date of this publication, except as required by law.

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Investor Relations Contact:

Matt Glover and John Yi
Gateway Investor Relations
1-949-574-3860
ELA@gatewayir.com

SOURCE: Envela Corporation

View source version on accesswire.com:
https://www.accesswire.com/657909/Envela-Announces-Timing-of-Its-Second-Quarter-Earnings-Results



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