IT solutions and staffing provider Ciber Inc. (NYSE: CBR) reported third-quarter revenue fell 9% to $192.6 million. Revenue fell 1% on a constant currency basis at the Greenwood Village, Colo.-based firm. Fluctuations in European currencies versus the US dollar continue to impact Ciber’s 2015 results.

North America revenue rose 4% year over year; however, revenue in Ciber’s international division fell 21% year over year, down 6% in constant currency, mainly due to a decline in the UK.

Ciber’s restructuring plan that began in July 2014 was substantially completed this quarter. The plan is expected to affect approximately 280 people and restructuring charges will total $27 million. Restructuring charges totaled $1.0 million in the third quarter and $21.2 million in the year-ago quarter.

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“Our third quarter results very clearly reflect both the costs and the benefits of our plans to be a leader in staffing, services and Software-as-a-Service (SaaS) delivery,” said President and CEO Michael Boustridge. “We launched Ciber Momentum, our first SaaS offering for application modernization; we strengthened our talent services offerings; and we added the leadership and sales talent that will enable us to maximize the market potential of these new products. We remain committed that we will achieve 6% to 8% operating margins, with investments, by the second half of 2016.”

Revenue by segment

Share price and market cap

Ciber shares fell 1.60% in late morning trading to $3.70. The company had a market cap of $272.72 million, according to Yahoo!