Not only this business any business generally to be monitored YOY basis, some surely on yearly numbers basis, may be IT industry is ok to give QOQ data and all the stuff they present very detailed micro manner(Happiest Minds), which is service industry easy to track and monitor.
Now just to please investors every company started showing their QOQ numbers and performance in every quarter………Just see Neogen Investor Note and request:
Millennial public/investors need to focus on Business and over all tone and direction of the company - not social media chit chat/questions from every damn poster on social media all the 4 quarters through out the year.
Who said doing business is easy - even so now, we are in a very complex environment, never before seen situations because of Corona, supply chain issue, RM inflation - damn doing business is tough and performing in test book style is pretty damn tough like Infy and Hdfc bank of older hey days.
As the saying goes - impatient investors hand over their money to patient investors in market - Only in Stock market.