RCM Technologies Inc. (NASD GM: RCMT) — a provider of engineering, IT and healthcare staffing — reported revenue rose 0.2% in its fiscal second quarter ended July 2. Net income also increased.

On the last day of fiscal 2015, RCM disposed of its QAD Software Solutions business unit, part of the company’s IT segment, which generated $800,000 in revenue and $300,000 in gross profit in the fiscal second quarter of 2015.

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“While our revenues from our IT segment declined this quarter, we are increasing our sales activity across all of our IT divisions to improve our performance, President and CEO Rocco Campanelli said. “Additionally, we are anticipating improved results in our Canadian Engineering Group, starting late in the third quarter. We are kicking off awarded projects at our major clients in Canada and have continued to retain our professional workforce in order to execute these significant awards.”

Share price and market cap

Shares in RCM fell 1.32% to $5.56 in early afternoon trading today; RCM has a market cap of approximately $68.71 million, according to Yahoo.