EQM Technologies & Energy, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, revenues were $7,928,621 against $11,959,055 for the same period a year ago. Operating loss was $1,084,971 against $303,612 for the same period a year ago. Loss from continuing operations before income taxes was $1,342,831 against profit from continuing operations before income taxes of $382,365 for the same period a year ago. Loss from continuing operations was $1,303,956 against income from continuing operations of $363,999 for the same period a year ago. Net loss was $1,369,075 against $436,123 for the same period a year ago. Basic and diluted net loss per share from continuing operations was $0.03 against Basic and diluted net income per share from continuing operations of $0.01 for the same period a year ago. Net loss per common share was $0.03 against net income per common share was $0.01 for the same period a year ago. LBITDA from continuing operations was $693,999 against EBITDA from continuing operations of $915,111 for the same period a year ago. Adjusted LBITDA from continuing operations was $741,881 against $82,403 for the same period a year ago.

EQM Technologies & Energy, Inc. reported unaudited consolidated earnings results for fourth quarter and year ended December 31, 2012. For the quarter, the company’s revenues were $30,904,618 against $14,394,741 a year ago. Operating income was $34,128 against loss of $381,673 a year ago. Income from continuing operations before income tax was $218,337 against loss of $621,065 a year ago. Income from continuing operations was $349,749 or $0.01 per basic and diluted share against loss of $843,864 or $0.03 per basic and diluted share a year ago. Net loss available to common stockholders was $477,150 or $0.01 per basic and diluted share against $1,118,065 or $0.04 per basic and diluted share a year ago. EBITDA from continuing operations was $853,493 against loss of $72,163 a year ago. For the year, the company’s revenues were $79,516,646 against $60,830,207 a year ago. Operating income was $51,526 against loss of $4,902,914 a year ago. Income from continuing operations before income tax was $528,851 against loss of $5,212,707 a year ago. Income from continuing operations was $274,713 or $0.01 per basic and diluted share against loss of $3,229,416 or $0.15 per basic and diluted share a year ago. Net loss available to common stockholders was $1,367,956 or $0.03 per basic and diluted share against $5,161,805 or $0.18 per basic and diluted share a year ago. EBITDA from continuing operations was $2,842,450 against loss of $4,263,376 a year ago.

EQM Technologies & Energy, Inc. announced that the U.S. Environmental Protection Agency has awarded it a multi-year contract to provide emergency and rapid response services in the EPA’s region 10, which covers the states of Oregon, Washington, Idaho and Alaska. This contract is a 7 year blanket-order contract, which is designed to support numerous individual ERRS projects within Region 10 over the term of the contract. The maximum potential revenue that EQM could earn under this contract is approximately $50 million. This contract replaces the company’s previous ERRS Region 10 contract, which expired on January 31, 2013, and under which the company realized its maximum potential revenue.