Does anyone have thoughts about public companies only being required to publish financials twice a year? I’m not saying it will happen, but I’d imagine investors would not want to wait so long for data.

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What they are legally required to do and what their investors and shareholders will make them do will be two different things. Because you’re right, most shareholders are not going to wait around for six months for updated info.

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A lot of what I’ve read would require a 10-k level of reporting annually, a semi-annual 10-Q report and some slimmed down KPI reporting in the first and third quarters to help investors get enough info to be able to track progress. The amount of hours saved each year for accounting/reporting teams and auditors would be substantial.

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Oh for sure. I would love two less forecasting cycles. I just wonder how hard external parties will fight for quarterly reports.

I think this is what they do in EMEA

I could be mistaken, but I thought the proposal would require semi-annual reporting, with quarterly results becoming optional. My guess is that companies that continue to report quarterly would still have an edge, since investors generally prefer more frequent updates rather than waiting longer for new information.

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