Aug 12 (Reuters) - Navigation equipment maker Trimble

raised its full-year revenue and profit forecasts on

Wednesday, driven by strong demand demand for its construction,

geospatial and transportation tools.

Shares of the Westminster, Colorado-based company, rose

about 3.5% in premarket trading after it announced a new share

repurchase authorization of up to $1 billion.

Here are some details:

* Trimble expects annual revenue of $3.90 billion to $3.95

billion, up from its prior forecast of $3.84 billion to $3.92

billion.

* The company expects full-year adjusted profit between $3.6

per share and $3.7 per share, compared with its earlier

projection of $3.47 per share to $3.64 per share.

* Revenue from Trimble's AECO segment, which includes

architecture, engineering and construction workflows, rose

around 11% to $388.5 million.

* Revenue from Field Systems was up about 13% to $442.5

million and Transportation and Logistics rose about 6% to $141.0

million.

* The company reported revenue of $972 million for the

second quarter compared with analysts' average estimate of

$951.9 million, according to data compiled by LSEG.

* Adjusted earnings came in at 86 cents per share, compared

with estimates of 80 cents per share, and prior forecast of

between $0.78 per share and $0.82 per share.

* Trimble forecast third-quarter revenue in the range of

$953 million to $978 million and adjusted earnings per share

between 83 cents per share and 88 cents per share.

* On Tuesday, Trimble introduced Arc Agent, an AI tool for

transportation and logistics customers worldwide that automates

back-office work including order entry and contract intake.

* The company makes software and analytics tools used in

industries including construction, transportation, agriculture

and geospatial mapping.

(Reporting by Prathik Jayaprakash in Bengaluru)