First Rate Staffing Corp. (OTCQB: FRSI) reported revenue fell 20.1% year over year in the second quarter to $6.4 million. The company attributed the decrease in revenue primarily to the loss of large accounts in 2016; increased workers’ compensation costs made them unprofitable to continue servicing.

Net loss increased to $370,976 from a net loss of $23,273 in the second quarter of last year.

First Rate Staffing provides recruiting and staffing services for temporary positions in light industrial, distribution center, assembly, and clerical businesses. The company is headquartered in Santa Fe Springs, Calif., with offices in Arizona and Nevada. It up-listed in March from the OTC Pink to the OTCQB under the same symbol.