Exelixis, Inc. (EXEL) reported better-than-expected third-quarter results. Its shares have risen following the announcement.EXEL recorded earnings of 47 cents per share, which beat the Zacks Consensus Estimate of 42 cents. The company registered adjusted earnings of 10 cents per share in the third quarter of 2023. The upside was mainly driven by higher revenues and lower operating expenses.Including stock-based compensation expense, earnings were 40 cents per share in the reported quarter.Stay up-to-date wi ...