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Raymond James' profits buffeted by $30M in rising legal costs

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Record quarterly net revenues of $1.49 billion, up 17 percent over the prior year’s fiscal first quarter and 2 percent over the preceding quarter Quarterly net income of $146.6 million, or $1.00 per diluted share, and adjusted quarterly net income of $155.6 million(1), or $1.07 per diluted share(1) Record quarterly net revenues…

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