Onvia, Inc. (ONVI) Reports Q2 Loss of $0.02/Sh

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Onvia Reports Second Quarter 2016 Results

August 2, 2016 4:02 PM EDT

SEATTLE, Aug. 2, 2016 /PRNewswire/ -- Onvia, Inc. (NASDAQ: ONVI), a leading provider of comprehensive government-business intelligence, announced its financial results for the second quarter ended June 30, 2016.

 Q2 2016 Financial Highlights

Subscription revenue up 5% to $5.6 million compared to Q2 2015 Total revenue increased 2% to $6.0 million compared to Q2 2015 Strategic Account Annual Contract Value (ACV) increased 5% to $17.4 million vs. Q2 2015 Annual Contract Value per Client (ACVC) up 10% to $7,590 vs. $6,883 in Q2 2015 Adjusted EBITDA of $439,000... More