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Last $4.09 USD
Change Today -0.031 / -0.75%
Volume 293.0
As of 8:10 PM 09/4/15 All times are local (Market data is delayed by at least 15 minutes).

onvia inc (ONVI) Key Developments

Onvia Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Onvia Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total revenue of $5.894 million compared to $5.567 million a year ago. Income from operations was $0.058 million compared to loss of $0.119 million a year ago. Net income was $0.080 million or $0.01 per basic and diluted share compared to loss of $0.117 million or $0.02 per basic and diluted share a year ago. Adjusted EBITDA was $653,000 compared to $714,000 in the second quarter of 2014. For six months, the company reported total revenue of $11.739 million compared to $11.183 million a year ago. Loss from operations was $0.421 million compared to $0.211 million a year ago. Net loss was $0.397 million or $0.05 per basic and diluted share compared to $0.206 million or $0.03 per basic and diluted share a year ago. Net cash provided by operating activities was $1.331 million compared to $1.253 million a year ago. Additions to property and equipment were of $0.110 million compared to $0.174 million a year ago. Adjusted EBITDA was $845,000 compared to $1,492,000 a year ago.

Onvia Inc. to Report Q2, 2015 Results on Aug 13, 2015

Onvia Inc. announced that they will report Q2, 2015 results at 4:30 PM, Eastern Daylight on Aug 13, 2015

Onvia Inc., Q2 2015 Earnings Call, Aug 13, 2015

Onvia Inc., Q2 2015 Earnings Call, Aug 13, 2015

Onvia Inc. Appoints George I. Stoeckert as Member of the Board

On June 30, 2015, the board of directors of Onvia Inc. appointed George I. Stoeckert as a member of the board, effective on that date. Mr. Stoeckert was appointed as a Class III director. He will hold office until the company’s 2018 annual meeting of stockholders or until his successor is appointed and duly qualified or his earlier resignation or removal. Mr. Stoeckert is an independent investor and advisor. He most recently served as president, North America and Internet Solutions at Dun & Bradstreet Inc. from 2009 until mid-2011. Previously, Mr. Stoeckert was an Executive Officer at Automatic Data Processing Inc. for 16 years in general management, strategy and financial roles. Mr. Stoeckert has served on the boards of several venture capital stage and joint venture companies including as an interim director of Careerbuilder Inc. and member of the board of Capital Re Corporation. Mr. Stoeckert presently serves on the board of Theragenics Corporation and Open Book Ben LLC.

Onvia Appoints Chris Woerner as Senior Vice President of Product Management

Onvia announced the appointment of Chris Woerner to the company's executive management team as the Senior Vice President of Product Management. In his role, Woerner will lead Onvia's Product and User Experience teams in the continued development and management of Onvia's business intelligence platform for state and local government contractors. Prior to joining Onvia, Woerner served as VP Product Management at CDK Global. Woerner has also held software management positions with InstallShield Software, Quaker Oats and Andersen Consulting.

 

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Price/Book 5.8x
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