Primus Guaranty, Ltd. reported unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company's total revenues were $3,430,000 against $22,773,000 a year ago. Income from continuing operations before provision for income taxes was $1,877,000 against $19,613,000 a year ago.

Income from continuing operations, net of tax was $1,854,000 or $0.09 basic and diluted per share against $19,594,000 or $0.72 basic and diluted per share a year ago. Net income was $1,867,000 against $19,678,000 a year ago. Net income available to common shares was $1,867,000 or $0.09 basic and diluted per share against $18,906,000 or $0.72 basic and diluted per share a year ago.

Economic results was $2,232,000 or $0.10 diluted per share against $3,024,000 or $0.12 diluted per share a year ago. Economic Results book value per share issued and outstanding was $8.92 against $8.82 a year ago. GAAP book value per share issued and outstanding was $8.97 against $8.89 a year ago.