Autodesk (ADSK) shares surged 11.10% in after-hours trading on Thursday following the release of its fiscal 2026 second-quarter results, which surpassed analyst expectations and prompted the company to raise its full-year guidance.

The design software company reported Q2 revenue of $1.76 billion, beating the consensus estimate of $1.72 billion. Adjusted earnings per share (EPS) came in at $2.62, significantly higher than the expected $2.45. This strong performance demonstrates Autodesk's continued growth and market strength in the face of challenging macroeconomic conditions.

Adding to investor optimism, Autodesk raised its outlook for fiscal year 2026. The company now expects full-year revenue between $7.025 billion and $7.075 billion, up from its previous forecast of $6.93 billion to $7 billion. Additionally, it increased its non-GAAP EPS guidance to a range of $9.80 to $9.98, compared to the earlier projection of $9.50 to $9.73. The improved outlook suggests confidence in sustained growth and profitability, which is likely driving the significant after-hours stock price increase.