Applied Materials reported adjusted earnings per share of $3.50 in the third quarter, surpassing market expectations of $3.42. Net sales reached $9.12 billion, up 25% year-over-year and also higher than the projected $9.02 billion. For the fourth quarter, the company expects net sales to range between $9.75 billion and $10.75 billion, compared to market estimates of $9.62 billion. Additionally, it projects adjusted earnings per share to be between $3.82 and $4.22, versus market expectations of $3.72.
