Onvia, Inc. (ONVI) Reports Q1 Loss of $0.06

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Onvia, Inc. Reports First Quarter 2015 Results

May 4, 2015 4:02 PM EDT

SEATTLE, May 4, 2015 /PRNewswire/ -- Onvia, Inc. (NASDAQ: ONVI), a leading provider of comprehensive government-business intelligence, announced its financial results for the first quarter ended March 31, 2015.

Q1 2015 Financial and Operational Highlights

Subscription revenue up 5% to $5.3 million compared to Q1 2014 Total revenue increased 4% to $5.8 million compared to Q1 2014 Annual Contract Value (ACV) increased 7% to $21.8 million vs. Q1 2014 Annual Contract Value per Client (ACVC) up 16% to $6,729 vs. $5,789 in Q1 2014 New Client ACVC down 14% to $14,240... More