Ciber Inc. (NYSE: CBR), a Greenwood, Colo.-based IT staffing and solutions firm, reported revenue fell 2 percent in the third quarter to $211.3 million — the decrease was 3 percent in constant currency. However, net loss increased to $20.9 million in the third quarter from $14.5 million in the third quarter of last year.

Ciber reported restructuring charges of $21.2 million in the third quarter. The company reported its 2014 restructuring plan began in the third quarter; it's expected be completed over the next 12 months and cost $27 million, including $20 million in severance and approximately $7 million related to office closures. Approximately 280 employees will be effected.

Third-quarter gross margin improved.

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“We are continuing our improvement in North America as we transition and grow the business,” CFO Christian Mezger said. “In international, our top markets essentially performed as expected with revenue improvement in Germany offsetting some of the pressure in the Netherlands.”

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Share price and market cap

Ciber shares rose 0.64 percent in early afternoon trading to $3.15. The company had a market cap of approximately $245.80 million, according to Yahoo!