The total revenues for the fiscal first quarter of 2012 were $1.01bn, compared to $966.68m for the same period a year ago.
Revenue from fixed-income trading climbed to $339.1m, compared to $318.1m for the same period last year.
Investment banking’s revenue increased 20% to $285.8m, compared to $239.06m for the same period in the previous year.
Interest expense was $226.8m, compared to $208.3m for the same period prior year.
Jefferies chairman and CEO Richard Handler said that the results reflect the company’s continued growth in investment banking and strong performance in fixed income.
