RCM Technologies Inc. (NASDAQ: RCMT) released preliminary first-quarter revenue on Friday and indicated that it would be down 18.1% year over year to $67.1 million.

The Pennsauken, New Jersey-based staffing firm also reported operating income fell 36.9% year over year in the first quarter to $5.7 million.

RCM provides personnel in engineering, IT and healthcare.

Share price and market cap

Shares in RCM Technologies were up 11.21% to $12.50 as of 12:06 p.m. Eastern time today; they were 23.64% above their 52-week low, according to FT.com. The company had a market cap of $101.8 million.