General Employment Enterprises Inc. (NYSE MKT: JOB), an Oakbrook Terrace, Ill.-based staffing provider, reported net revenue fell 10.4% to $9.7 million in the company’s 2015 first fiscal quarter ended Dec. 31. The company’s net loss widened, but gross margin improved.

The company said the decline in revenue was partially due to the closing of two unprofitable offices in the light industrial contract services division, which had the positive result of improved overall profitability in that division. In addition, the professional services division had fewer billable contractors deployed on assignment and a smaller number of permanent placements.

In December, the company agreed to acquire Scribe Solutions Inc. and announced Scribe Chairman and CEO Derek Dewan will take over the chairman and CEO roles at General Employment.

General Employment provides professional staffing in IT, engineering and accounting. It also provides light industrial staffing. Its brands include General Employment, Ashley Ellis, Triad and Omni-One.

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“We continued to reduce our non-core expenses and streamline processes during the quarter to maximize operational efficiency,” said CEO Andrew Norstrud. “Additionally, our focus on higher margin and more profitable customers, together with increasing our depth of service offerings in professional staffing, should help drive performance going forward for the remainder of this fiscal year.”

Revenue by segment

Share price and market cap

General Employment shares fell 10.54% today in early afternoon trading to about 68 cents; the company has a market cap of $17.61 million, according to Yahoo!