Volt Information Sciences Inc. (NYSE MKT: VISI) reported net revenue fell 12.9% in its fiscal second quarter ended May 1.

The New York-based IT and engineering staffing and MSP provider completed a sale-leaseback transaction for its office facility in Orange, Calif., during the second quarter, and also sold its office facility in San Diego, with combined net proceeds totaling $29.1 million.

Net loss narrowed, but included a gain from the sale of real estate, and costs in restructuring, severance and other fees. Excluding the impact of these special items, net loss for the second quarter of 2016 would have been $2.5 million.

Staffing Services segment revenue fell 12.4% from the year-ago quarter.

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“Overall, the second quarter was a very productive period for Volt,” said President and CEO Michael Dean. “Importantly, we continued to make good progress on our previously stated plan to streamline our organization and improve our operational and financial performance. Our cost structure is leaner and our actions to divest non-core assets have improved our liquidity position over the past year.”