Semtech Corporation (SMTC) is set to report fiscal second-quarter 2020 results on Aug 28. It came up with in-line results in the last reported quarter. The company’s surprise history has been pretty impressive. It beat estimates in three of the last four quarters, with average positive surprise of 1.75%. Semtech has been adversely impacted by mounting competition in the semiconductor space, including slowing demand in China. The resultant pricing pressure could dampen the company’s margins and profitability in the fiscal second quarter. Moreover, seasonality in the consumer segment is a matter of concern and may hamper top-line growth. Also, geopolitical issues, and weakness in both the smartphone and data center end markets could impact its results. However, both industrial and communications end markets might witness strong demand, aiding top-line growth in the to-be-reported quarter. The growing need for more efficient energy management in home and industrial settings, increasing electronic system requirements for mobile devices, along with the propagation of green standards will likely drive demand in these segments, thereby bolstering its upcoming results. For the fiscal se...