ThermoEnergy Corporation reported earnings results for the third quarter and nine months ended September 30, 2012. For the period, the company's revenues totaled $2 million, an increase of 70% compared to $1.2 million for the third quarter of 2011. Revenues in the third quarter of 2012 were primarily driven by revenues from its New York City DEP contract, as well as its first sale of a mobile FracGen unit to the oil and gas industry. The company reported a net loss of $1.9 million, or $0.02 a share, compared to $6.5 million and $0.11 a share for the same period in 2011.

For the nine months, the company's revenues totaled $5.6 million, when compared to the $3.6 million for the first nine months of 2011, a 57% increase. The company reported a net loss of $5.9 million, or $0.06 a share. This is compared to a $15.3 million loss, or $0.27 per share, for the same period in 2011.