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The Envela Chronicles: A Disappointing Tale of Missed EPS and Revenue for Q4 2023

by Ron Finklestien

Published On: March 20, 2024 10:48 pm

ELA stock - The Envela Chronicles: A Disappointing Tale of Missed EPS and Revenue for Q4 2023

Source: iQoncept / Shutterstock

Envela (NYSEMKT:ELA) unveiled their report for the grand finale of 2023.

Envela divulges earnings per share of 5 cents, falling short of the forecasted EPS of 6 cents.
The company discloses revenue amounting to $36.70 million.
This demonstrates a 14.57% shortfall compared to the projected revenue of $42.96 million.

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Article printed from InvestorPlace Media, https://investorplace.com/earning-results/2024/03/ela-stock-earnings-envela-for-q4-of-2023/.