Volt Information Sciences Inc. (NYSE MKT: VISI) reported net revenue fell 6.2% in the fiscal fourth quarter ended Oct. 30.

The New York-based IT and engineering staffing and MSP provider reported net income of $2.8 million compared to a net loss of $244,000 in the prior year; the quarter included $1.2 million in restructuring and severance costs and $364,000 in impairment charges.

North America staffing services revenue fell 2.0% from the year-ago quarter. International staffing services revenue, which includes the company’s contingent staffing, direct placement and managed programs businesses in Europe and Asia, fell 15.6%.

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“We concluded fiscal 2016 with a solid fourth quarter highlighted by strong year-over-year growth in gross margin percentage along with careful expense management that helped produce the most profitable quarter for Volt in five years, said President and CEO Michael Dean. “In addition, we continued to add to our book of business with several significant new customer engagements. This, coupled with a slower rate of revenue decline from existing customers, is helping to stabilize revenue from our core North American Staffing business.”