Savin|NNP Corp|NNP .|. reported|VBD a|DT third|JJ -|- quarter|NN net|JJ loss|NN of|IN $35.2|NN million|CD ,|, or|CC 31|CD cents|NNS a|DT share|NN ,|, compared|VBN with|IN year|NN -|- earlier|JJR profit|NN of|IN $3.8|NN million|CD ,|, or|CC one|CD cent|NN a|DT share|NN .|. 

A|DT spokesman|NN for|IN the|DT Stamford|NNP ,|, Conn.|NN based|VBN company|NN said|VBD operations|NNS had|VBD a|DT loss|NN of|IN $5.5|NN million|CD for|IN the|DT quarter|NN ;|: in|IN addition|NN ,|, the|DT loss|NN was|VBD magnified|VBN by|IN nonrecurring|VBG charges|NNS totaling|VBG $23.5|NN million|CD and|CC $8.2|NN million|CD in|IN asset|NN -|- valuation|NN adjustments|NNS that|IN he|PRP described|VBD as|IN "|'' unusual|JJ .|. "|'' 
The|DT charges|NNS were|VBD partly|RB offset|VBN by|IN a|DT $2|NN million|CD gain|NN on|IN the|DT sale|NN of|IN investments|NNS of|IN two|CD joint|JJ ventures|NNS ,|, he|PRP said|VBD .|. 

Revenue|NN declined|VBD 8|CD %|NN to|TO $85.7|NN million|CD ,|, from|IN $93.3|NN million|CD a|DT year|NN earlier|RBR .|. 
Savin|NNP cited|VBD "|'' a|DT general|JJ softening|NN in|IN the|DT demand|NN for|IN office|NN products|NNS in|IN the|DT market|NN segments|NNS in|IN which|WDT Savin|NNP competes|VBZ .|. "|'' 

