BILLERICA, Mass. (AP) _ Entegris Inc. (ENTG) on Thursday reported third-quarter net income of $79.3 million.

The Billerica, Massachusetts-based company said it had net income of 58 cents per share. Earnings, adjusted for one-time gains and costs, came to 67 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share.

The maker of equipment used in chip manufacturing posted revenue of $481 million in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $463.1 million.

For the current quarter ending in December, Entegris expects its per-share earnings to range from 62 cents to 67 cents.

The company said it expects revenue in the range of $480 million to $495 million for the fiscal fourth quarter.

Entegris shares have climbed 60% since the beginning of the year. The stock has climbed 63% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ENTG at https://www.zacks.com/ap/ENTG

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News