BG Medicine, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported total revenues of USD 1.030 million compared to USD 0.641 million a year ago. Loss from operations was USD 3.363 million compared to USD 6.536 million a year ago. Net loss was USD 3.665 million compared to USD 6.814 million a year ago. Basic and diluted loss per share was USD 0.13 compared to USD 0.34 a year ago.

For the nine months, the company reported total revenues of USD 2.924 million compared to USD 1.743 million a year ago. Loss from operations was USD 12.713 million compared to USD 20.123 million a year ago. Net loss was USD 13.914 million compared to USD 20.870 million a year ago. Basic and diluted loss per share was USD 0.52 compared to USD 1.04 a year ago. Net cash flows used in operating activities was USD 12.820 million compared to USD 16.521 million a year ago.

Financial guidance for the year ending December 31, 2013 remains unchanged: revenues are expected to be in the range between USD 3.8 and USD 4.0 million and the operating cash burn for the year is expected to range from USD 15.5 to USD 16.5 million and principal payments for 2013 on term loan to be USD 2.5 million.