Some companies can now report financial results twice a year instead of four times

The US Securities and Exchange Commission wants to let some companies file financial reports every six months instead of every three months. This means these companies would have less frequent public disclosures about their financial health.

For decades, public companies have filed quarterly reports, giving investors a regular look at their performance. This change could reduce the administrative burden for some companies, but it also means less frequent updates for investors. It could make it harder for the public to track the financial health of these companies in real time.