How obsessed are American companies with monthly targets?

I’m an Indian working in India, in an Indian company. I’ve noticed that in every Indian company I’ve worked with, the focus is entirely on meeting monthly Revenue targets.

There is zero focus on actions meant to drive results in a longer time window. People love to discuss such ideas, but won’t put in the effort to make them happen, since “the focus is entirely on meeting this month’s target right now.”

I feel this prevents some genuine innovation. Are American companies also like this on the inside, or do they have some focus on the medium to long term?