Command Center Inc. (OTC: CCNI) reported fourth-quarter revenue rose 19.0% to $26.1 million and net income rose 44% to $181,000.

For full-year 2016 ended Dec. 30, revenue rose 5.4% year over year to $93.3 million.

Fourth quarter and the full-year revenue benefited from an extra week when compared to 2015 which added $1.4 million of revenue to each period. In addition to the extra week of revenue for the year, the full-year increase was primarily due to contributions from the June 2016 acquisition of Hancock Staffing offices and a $5.5 million, or 8% increase, in revenue from stores outside North Dakota.

Command Center reported net income for full-year 2016 fell 51.3% to $759,000. Gross margin narrowed to 25.4% from 26.7%. The company ended the year with 64 stores operating in 21 states.

Investor Ephraim Fields of Echo Lake Capital last month voiced dissatisfaction with Command Center’s board of directors in a letter to the industrial staffing provider.

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“As expected, North Dakota sales remained in decline for both the year and fourth quarter,” said President and CEO Bubba Sandford. “But as we have previously stated, our goal has always been to increase revenue in other regions, while simultaneously reducing our exposure to fluctuations in energy prices and the related activities in North Dakota. As a result, our operations in North Dakota now comprise less than 11% of our overall business. As our store count and sales in other regions continue to improve, we expect North Dakota’s impact on our bottom line will continue to lessen proportionately.

Bubba continued, “For the remainder of 2017, we expect to continue driving these financial and operational improvements in our business. We are also looking at new store openings in our current markets, and as we rebuild our cash position, we expect that our increased liquidity will enable us to be opportunistic in seeking additional acquisitions. We continue to believe these strategies are the most optimal for driving long-term shareholder value.”

Share price and market cap

Command Center shares fell 4.11% in early afternoon trading today to 35 cents and the company has a market cap of $21.18 million, according to Yahoo.