Ambarella Inc (NASDAQ:AMBA) reported Q2 results and issued weak guidance, causing its shares to trade lower in after-hours session. Q2 revenue was $62.12 million, slightly above estimates, and EPS was a loss of 15 cents, beating estimates for a loss of 21 cents. However, revenues were down 23% YoY and the company ended the quarter with $216.5 million of cash, down from $227.4 million sequentially. The company anticipates Q3 revenue of $50 million, significantly lower than estimates of $67.6 million.