License Shortfall Hurts Compuware

First-quarter profit fell at Compuware (CPWR) as licensing deals fell off in the last month of the quarter.

The Detroit-based software services company posted earnings of $644,000, or break-even earnings per share, down from $2.6 million, or a penny a share, in same period last year.

Sales were down 6.2% to $287.1 million from $306 million, as revenue from professional services fell about 15%.

Analysts had forecasted beak-even earnings per share on revenue of $286 million, according to Thomson First Call.

Although the company didn't offer guidance, Chairman and Chief Executive Peter Karmanos Jr. said he was "absolutely committed to doing everything necessary to meet Compuware targets for this fiscal year."

Shares of Compuware were down nearly 2.5% in after-hours trading after closing the regular session up 17 cents, or 3.5%, to close at $5.03.

More from Technology

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists

Jim Cramer: Okta Is a Very Expensive Stock

Jim Cramer: Okta Is a Very Expensive Stock

Here's Why Tesla's Solar Shakeup Makes Sense

Here's Why Tesla's Solar Shakeup Makes Sense

BlackBerry CEO: Stock Price Should Be Higher, We Are Looking at M&A

BlackBerry CEO: Stock Price Should Be Higher, We Are Looking at M&A