Noranda Reports Q4 2010 Results

Noranda Aluminum Holding Corporation  yesterday reported fourth quarter and full year results for 2010.

Noranda reported fourth quarter 2010 net income of $34.9 million （$0.59 per diluted share）, compared to fourth quarter 2009 net loss of $56.7 million （$1.30 loss per diluted share）. Excluding special items, Noranda reported fourth quarter 2010 net income of $23.5 million （$0.40 per diluted share）, compared to fourth quarter 2009 net loss of $31.8 million （$0.73 loss per diluted share）.

Noranda reported full year 2010 net income of $66.9 million （$1.27 per diluted share）, compared to full year 2009 net income of $101.4 million （$2.33 per diluted share）. Excluding special items, Noranda reported full year 2010 net income of $45.0 million （$0.85 per diluted share）, compared to full year 2009 net loss of $125.1 million （$2.87 loss per diluted share）.