ThermoEnergy Corporation Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2012
For the quarter, the company reported revenue of $6,971,000 against $5,583,000 a year ago. Loss from operations was $7,893,000 against $7,212,000 a year ago. Net loss attributable to the company was $7,378,000 or $0.07 basic and diluted per share against $17,329,000 or $0.30 basic and diluted per share a year ago. Net cash used in operating activities was $5,379,000 against $6,101,000 a year ago. Purchases of property and equipment were $135,000 against $135,000 a year ago.