Hire Technologies Inc. (TSXV: HIRE.V), a Toronto-based staffing provider, reported revenue was roughly flat, falling 0.3% year over year in its fiscal third quarter ended Sept. 30. However, gross margin improved. 

The company had announced results on Nov. 24.

“While the macroeconomic environment is increasingly uncertain, demand continued to be strong for resources during the quarter,” CEO Simon Dealy said. “We continue to be confident in our ability to navigate the current situation and will maintain our objective of achieving operational efficiencies.”

Hire Technologies also noted the sale of 100% of shares in its Taylor Ryan Inc. business on Oct. 7. The sale was to the vendors in the original transaction. Hire Technologies had acquired Vancouver, British Columbia-based Taylor Ryan in December 2020.

In addition, the company announced the appointments of new board members Adam Ho and Brad Scharfe following the resignations of Sean Cleary and Hamed Shahbazi on Nov. 22. 

Share price and market cap 

Shares in Hire Technologies at 1:42 p.m. Eastern time today were trading at 66.67% above their 52-week low, according to FT.com. The company had a market cap of C$2.6 million (US$1.9 million).