Reduced demand for staffing services in North Dakota as crude oil prices fell put a dent in fourth-quarter revenue at Command Center Inc. (OTCQB: CCNI), the industrial staffing provider reported in its 10-K annual filing with the US Securities and Exchange Commission. But revenue rose in locations outside of North Dakota.

Revenue fell approximately 9.0% year over year in the fourth quarter to $21.9 million.

Command Center reported revenue from its North Dakota branches fell 49.7%, or $3.5 million, year over year in the fourth quarter.

“The year 2014 represented the peak of the oil and gas activity in this region as worldwide crude oil prices began to decline in the fiscal fourth quarter of 2014,” Command Center wrote in its report. “This decline in economic activity in North Dakota had a significant impact on our revenues from this region. Revenue from our remaining branches increased by approximately 8.2% over 2014.”

For full-year 2015, revenue fell 3.6% to $88.5 million and gross margin narrowed.

Full-year revenue

Quote

“Excluding our branches in North Dakota, which were impacted by the oil-driven economy in that region, same-store sales were up 10.5% at industry-high gross margins, underscoring the collective strength of the majority of our locations outside of North Dakota.”

Share price and market cap

Shares in Command Center rose 2.44% to 42 cents in early afternoon trading; the company has a market cap of $26.84 million, according to Yahoo!