Primus Guaranty, Ltd. announced unaudited consolidated financial results for the second quarter and six months period ended June 30, 2012. For the quarter, the company reported net income available to common shares was $1.646 million or $0.05 per diluted share compared to a net income available to common shares of $61.137 million or $1.62 per diluted share for the second quarter 2011. Total revenues were $4.573 million compared to $63.899 million a year ago. Loss from continuing operations net of tax was $1.011 million or $0.05 per diluted share against income from continuing operations of $59.031 million or $1.55 per diluted share for the same period a year ago. Net income was $2.245 million against $61.839 million for the same period a year ago. Loss from continuing operations before provision (benefit) for income taxes was $1.003 million against income from continuing operations before provision (benefit) for income taxes of $59.032 million a year ago. For the six months period, the company reported total revenues of $273.604 million against $155.665 million a year ago. Income from continuing operations net of tax was $262.561 million or $8.01 per diluted share against income from continuing operations of $144.960 million or $3.76 per diluted share for the same period a year ago. Net income was $266.194 million against $147.498 million for the same period a year ago. Net income available to common shares was $264.664 million or $8.12 per diluted share against net income available to common shares of $145.837 million or $3.83 per diluted share for the same period a year ago. Income from continuing operations before provision (benefit) for income taxes was $262.583 million against $144.971 million a year ago. GAAP book value per share issued and outstanding as on June 30, 2012 was $2.86 compared to negative GAAP book value per share issued and outstanding of $4.18 at December 31, 2011. Economic Results book value per common share was $9.61 at June 30, 2012, compared with Economic Results book value per common share of $8.60 at December 31, 2011.