ThermoEnergy Corporation announced earnings results for the third quarter ended September 30, 2013. The company announced revenues of $532,000, compared to $2,032,000 in the third quarter of 2012. The company reported a net loss for the three-month period ended September 30, 2013 of $655,000 or $0.00 per basic share compared to a loss of $1.868 million or $0.02 per basic share for the same period in 2012.

The year-over-year improvement resulted primarily from higher mark-to-market derivative gains in the third quarter of 2013 and derivative expenses incurred in the third quarter of 2012 that did not repeat in 2013.