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The company, which provides informationn on government contracts to said sales for the third quarter thatendefd Sept. 30 were $2.6 million, up more than 40 percenr from $1.8 million in third-quarter 2002. The company showedr a net lossof $1.3 million, compared to $3.1 million in the same period of 2002. For the year's first nine sales were $7.2 million and lossees were $5.2 million. In sales in the period were $5.1 millioj and losses were $26.6 million. Onvia's cash reservea shrank from $35 million at the end of last yearto $24.
q2 million at the end of Chairman and CEO Mike Picketf said the company is hiring additiona l sales staffers and managers to try to boostg sales still further. The company has found a tenant for 19 percenft of its vacant headquartersoffice space, whichj will save Onvia some $560,0000 next year. Onvia stilk has 56,000 square feet of space thatstands empty.
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