FOR IMMEDIATE DISTRIBUTION
Highlights for the second quarter ended June 30, 2009:
- Record net revenues, after preferred interest, of $578 million, up 51% from the prior year
- Net earnings to Common Shareholders of $62 million, versus a loss of $4 million in the prior year
- Net earnings per common share (diluted) of $0.30, versus a loss of $0.05 per share in the prior year
- Record fixed income and commodities revenues of $277 million, up 280% from the prior year
- Investment banking revenues of $121 million, up 10% from the prior year
- High yield revenues of $61 million, up 95% from the prior year
- Record net revenues, after preferred interest, of $925 million, up 53% from the prior year
- Net earnings to Common Shareholders of $100 million, versus a loss of $65 million in the prior year
- Net earnings per common share (diluted) of $0.49 versus a loss of $0.47 per share in the prior year
A conference call with management discussion of financial results for the second quarter ended June 30, 2009 will be held today, July 21, 2009, at 9:00 AM Eastern. Securities industry professionals may access the management discussion by calling 800-954-1051 or 212-231-2901. A one-week replay of the call will also be available at 800-633-8284 or 402-977-9140 (reservation code # 21429096). A live audio webcast and delayed replay can be accessed at www.jefferies.com.
About Jefferies
Jefferies, a major global securities and investment banking firm, has served companies and their investors for more than 45 years. Headquartered in New York City, with offices in more than 25 cities around the world, Jefferies provides clients with capital markets and financial advisory services, institutional brokerage, securities research and asset management. Jefferies & Company, Inc. is the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF: www.jefferies.com).
For further information, please contact:
Peregrine C. Broadbent
Chief Financial Officer
(212) 284-2338
Full press release (with all tables) in PDF format
