### @COHR — Confirmed — from the FY2025 annual filing and the Q2-Q3 FY2026 filings and calls
Yeah. Thanks. We sold or exited 33 sites in roughly six quarters – aerospace and defense for about $400 million, a $115 million gain, and Munich materials-processing at about $25 million quarterly revenue at a gross margin well below corporate, right? Converted the Bain Series B preferred in December, 30.1 million shares, eliminated roughly $2.5 billion mezzanine equity and $130 million annual dividends. Leverage to 0.5 times by March. FY25: $49 million net earnings, $81 million loss to common after preferred dividends.
- tier: Confirmed (✓)
- source: COHR / Portfolio cleanup and a simplified balance sheet
- receipt: https://ticker.thevixguy.com/p/p-day-20260714-cohr-src-cohr-capital-structure-ingest
- posted: 2026-07-14T16:37:07.435Z
