Shares of LegalZoom.com, Inc. (LZ) jumped 7.53% in after-hours trading following the release of its second-quarter earnings report, which exceeded analyst expectations and provided an optimistic outlook for the future.

The online legal technology company reported Q2 revenue of $192.5 million, significantly surpassing the IBES estimate of $182.7 million. This represents an 8.54% increase compared to the same period last year. While the adjusted earnings per share of $0.15 met analyst expectations, it marked a 50% improvement from the $0.10 per share reported in the previous year.

LegalZoom's strong performance extended beyond the current quarter, with the company offering an upbeat forecast for Q3 and the full year. For the third quarter, LegalZoom projects revenue between $182 million and $184 million, surpassing the current IBES estimate of $177.3 million. The full-year outlook is equally promising, with the company anticipating revenue growth of about 8% year-over-year and an adjusted EBITDA margin of approximately 23%. This positive guidance, coupled with the Q2 revenue beat, likely fueled investor enthusiasm and contributed to the stock's after-hours surge.