Jefferies Group Reports Significant YoY Growth for Q2 of 2018

[kreslik.news]

Jefferies Group LLC (Jefferies) has released its financial results for the second quarter of its 2018 fiscal year. The American investment bank and financial services firm saw a significant increase in year on year total revenues.

At the end of last year’s second quarter, Jefferies attained total revenues of approximately $686 million. Today’s report indicates that the firm finished this year’s second quarter with $823 million in total revenue, equivalent to a 20 percent year on year increase.

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This increase was largely driven by a substantial improvement in the performance of ... (read more)