Envela Q4 Earnings, Revenue Rise; Stock Jumps After Hours

MT Newswires Live
27 Mar

Envela (ELA) reported Q4 earnings Wednesday of $0.06 per diluted share, up from $0.05 a year earlier.

A lone analyst polled by FactSet expected $0.06.

Revenue in the three months ended Dec. 31 rose to $48.3 million from $37.5 million a year earlier.

One analyst surveyed by FactSet expected $39.9 million.

Envela shares jumped 9.3% in after-hours trading.

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