Aug 28 (Reuters) - Autodesk ( ADSK ) raised its annual

revenue and profit forecasts on Thursday, betting on growing

demand for its design and engineering software, sending its

shares surging around 12% in extended trading.

Demand for the company's products is steadily increasing

across construction, infrastructure and manufacturing

industries, driven by growing subscription renewals and

expanding enterprise agreements with large customers.

Autodesk ( ADSK ) offers software that enables users to design

buildings, infrastructure and products using data-rich 3D models

rather than traditional blueprints.

The company, which competes with Adobe, PTC

and Trimble, offers tools that are used in movies and

games to create 3D animation, visual effects and manage

production.

Autodesk ( ADSK ) now expects fiscal 2026 revenue to range between

$7.36 billion and $7.45 billion, up from its prior forecast of

$7.16 billion to $7.31 billion.

It also raised its annual adjusted profit per share forecast

to between $9.80 and $9.98, compared with its earlier projection

of $9.50 to $9.73.

For the third quarter, Autodesk ( ADSK ) expects revenue of $1.80

billion to $1.81 billion, above analysts' average estimate of

$1.77 billion, according to data compiled by LSEG.

It forecast adjusted earnings per share of $2.48 to $2.51

for the quarter, above estimates of $2.39.

Autodesk's ( ADSK ) second quarter revenue rose 17% to $1.76 billion,

beating estimates of $1.73 billion.

The adjusted earnings per share of $2.62 exceeded estimates

of $2.45 for the quarter ended July 31.