ZIEGLER ANNOUNCES FIRST QUARTER FINANCIAL RESULTS
April 30 2013 - 4:25PM
OTC Markets
Chicago, Illinois – April 30, 2013 –
The Ziegler Companies, Inc. a diversified financial services
holding company, today released its financial results for the first
quarter ending March 31, 2013.
Thomas R. Paprocki, Chief Executive Officer
of The Ziegler Companies, Inc., commented, “We had a quiet start to
the year, but momentum is starting to pick up. The transaction
pipeline for 2013 is robust, but has shifted in terms of timing.
Our year-end results are on target despite the slow start. We are
in the right sectors, with the right people and focused on
finishing the third year of our strategic plan
strong.”
In the three months ended March 31, 2013,
total revenues for the quarter were $13,170,000 compared to
$18,455,000 in the first quarter of 2012. The net loss in the first
quarter of 2013 was $1,122,000 or .96 cents per basic and diluted
share compared to net income of $285,000 or 24 cents per basic and
diluted share in the first quarter of 2012. Book value as of March 31, 2013
was $26.00, a decrease from $27.03 as of December 31,
2012.
For access to Ziegler’s press releases and
financial statements as they are released, please
visit
www.Ziegler.com.
About
Ziegler:
Since 1902,
Ziegler
has grown
to become a full-service, specialty investment bank and
broker-dealer. Ziegler provides its clients with capital raising,
strategic advisory services, equity and fixed income sales &
trading, wealth management, and research. Specializing in
the
healthcare,
senior living,
education,
and
religion
sectors, Ziegler is committed to advancing the health, wealth and
well-being of our clients.
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