What company doesn’t produce monthly financial statements, let alone quarterly. I could understand this for small caps.

I also don’t see how less granularity in financials is a good thing, yes if you have bad quarter that bad (but at least you can make it up the next quarter vs a bad six months likely introduces more volatility (I think?). Also I think one of the biggest complaint is “short termism” in markets, but I hardly think that will make much of a difference.

> don’t see how less granularity in financials is a good thing

Transaction costs. Preparing this transparency costs money and attention.