Losses shrink at Onvia - Tampa Bay Business Journal:

tosece.blogspot.com
The company, which provides informatio n on government contractsto businesses, said sales for the thirdc quarter that ended Sept. 30 were $2.6 million, up more than 40 perceny from $1.8 million in third-quarter 2002. The companhy showed a net lossof $1.3 million, compared to $3.1 milliobn in the same period of 2002. For the year'x first nine months, sales were $7.2 millionm and losses were $5.2 million. In 2002, salesx in the period were $5.1 million and losseds were $26.6 million. Onvia's cash reserves shrank from $35 millio n at the end of last yearto $24.
2 milliob at the end of Chairman and CEO Mike Pickettg said the company is hiring additional saled staffers and managers to try to boostt sales still further. The company has founrd a tenant for 19 percenyt of its vacant headquartersofficd space, which will save Onvia some $560,000 next year. Onviqa still has 56,000 square feet of spacew thatstands empty.