Applied Materials Inc. reported third-quarter earnings of $1.78 billion, or $2.22 per share. Adjusted earnings were $2.48 per share, beating Wall Street estimates. Revenue reached $7.3 billion, exceeding expectations. The company projects fourth-quarter earnings between $1.91 to $2.31 per share and revenue of $6.2 billion to $7.2 billion. Applied Materials shares have risen 17% this year.

Read more at Yahoo Finance: Applied Materials: Fiscal Q3 Earnings Snapshot